Here is yet another example of how the media does what it can to craft a reality that is, well, not real. Put another way, this is further evidence that the media propagandizes rather than reports.
From IJReview:
The two main measures of inflation that the media and government use show 39% and 32% increases over the last 14 years, respectively. That simply means that things that cost $1.00 in 2000 now cost around $1.35.
But is that true?
No, it isn’t. Take a look at this:
If you purchase any of the items on the above list — and who doesn’t? — your costs have been higher, massively higher in some cases, than the 30-something percent figures touted by the media and the government.
In other words, you’re poorer. For example:
- Fuel oil is 242% more expensive
- A gallon of gasoline is 176% more expensive
- A dozen eggs is over twice as expensive
- Healthcare is over twice as expensive (average)
- Ground beef is nearly twice as expensive
- College tuition is up 68%
- Electricity is up 60%
- Car prices are up over 50%
Now consider that nearly every one of these items is driven up in price through government intervention.