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Old 06-05-2013, 12:14 PM   #76
MoneyGuy
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Quote:
Originally Posted by CaptainCrunch View Post
When that cost is increasing faster then the rate of inflation there's a problem and we've all seen that city hall isn't exactly frugal when it comes to its spending habits.
People have understand that the inflation rate for governments is very different than the household inflation rate. At home we buy food, rent/mortgage, clothing, cars and fuel, heating fuel, furniture, etc. Governments buy a whole different set of products and their inflation rate is higher than the consumer price index.
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