High cost of living sours holiday spirit

High cost of living sours holiday spirit

Whip inflation nowThe drop in gas prices certainly is welcome. Especially during this holiday season.

But seemingly everything else is going up in price — as you probably noticed at the grocery store or when shopping for housing.

And health care? My premiums have gone up 50 percent the past two years for the same coverage. The same thing for most friends of mine.

Wasn’t Obamacare actually called the “Affordable Care Act”? Of course, thanks to the testimony of Obamacare architect Jonathan Gruber, we now understand the whole thing — including its state iteration as Covered California — was a total  fraud. He actually said, “Lack of transparency is a huge advantage. And basically, you know, call it the stupidity of the American voter or whatever. But basically that was really, really critical to getting the thing to pass.”

Now this:

“The American middle class has absorbed a steep increase in the cost of health care and other necessities as incomes have stagnated over the past half decade, a squeeze that has forced families to cut back spending on everything from clothing to restaurants.

“Health-care spending by middle-income Americans rose 24% between 2007 and 2013, driven by an even larger rise in the cost of buying health insurance, according to a Wall Street Journal analysis of detailed consumer-spending data from the Bureau of Labor Statistics.

“That hit has been accompanied by increases in spending on other necessities, including food eaten at home, rent and education, as well as the soaring cost of staying connected digitally via cellphones and home Internet service.

“With income growth sluggish, discretionary spending on things like clothing and movies, live shows and amusement parks has given way.”

And in California, of course, it’s even worse because of the high cost of housing.

23 comments

Write a comment
  1. Ulysses Uhaul
    Ulysses Uhaul 12 December, 2014, 09:40

    Looking forward to the usual chubby Dennys coupon clipping doomers telling the poor and working class how to cope with income inequality.

    CWD posters should be ashamed at their ugly posts concerning the disadvantaged.

    Why on earth have so many scrooges gravitated to CWD?

    Is this site a breeder paradise for selfishness?

    Reply this comment
    • Timberrrrrr......
      Timberrrrrr...... 12 December, 2014, 10:06

      Here come the liberals again shouting down opposing viewpoints and disparaging those who dare disagree with them.
      Uhaul – go live in Berkeley. That town was made for people like you! 😀

      Reply this comment
  2. Timberrrrrr......
    Timberrrrrr...... 12 December, 2014, 10:03

    Look folks, this is the truth. The classic laws of economics that you may have learned about in HS or college have been bound and gagged by the new kleptocrats of the world. Why do you think 2008 happened? F-I-N-A-N-C-I-A-L F-R-A-U-D! And now for the last 6 years you’ve seen TRILLIONS of dollars created via quantitative easing (fiat counterfeit money printing) and ZIRP (zero interest rate policy). Are you so naive to believe that this will not have unintended consequences? The kleptocrats can bound and gag the laws of economics for only so long before Adam Smith and his laws of economics break out of prison and go on a rampage that will make the hairs on the backs of your necks stand straight up. The kleptocrats might be able to fool the system (and you) for a few years to cover up their financial crimes, but they cannot fool the laws of exponential math. In the end, math always wins.

    As John pointed out above, from the very start ObamaCare was a big fat lie. Gruber let the cat out of the bag. I warned you back then. I told you to use your common sense. I asked you how it’s possible to enroll over 30 million new lives into the health care system – give them all free medical care – while your premiums drop by 25% (as promised by Obama). The liberals thought it was all backed by magic. That all the King had to do was wave his magic wand and POOF – 30 million more people get free health care and our premiums drop by 25%. 😀 The American people are SO incredibly stupid.

    The entire economy is being manipulated by sleight of hand. Cheap credit has created too many players in the oil industry who are taking money away from the big big corporations (the ones who own us). Solution? Politically manipulate the oil cartels to infuse a glut of oil into a market of declining demand forcing prices downward. Shake the tree for a while and force the new opportunist entrepreneurs (in shale, etc..) into bankrupcy, which will eventually return all revenue to the big boys. You see, the kleptocrats don’t want a free market. They want a market that feeds their sugar daddies. The rest of them can go sell insurance for a living.

    John is correct about rising prices. This has been very obvious to me for the last few years. Go to one of these discount 99 cent stores. More and more of their items are priced high than 99 cents (about 10%) and that list is growing. A nice 2 pound bag of grapes used to cost 99 cents. Now they price them by the pound (99 cents per pound) which doubled the price overnight. This is one of the unintended consequences of quantitative easing. When fiat currency is infused into the system it dilutes your buying power and makes everything much more expensive. (key term: inflation).

    The kleptocrats will continue down this path to hide their evil ways until they can’t anymore. That’s when Adam Smith returns to the scene and goes on his economic rampage retroactively destroying all the previous acts of financial fraud and taking our entire economy down with it. For every action there is a reaction, for every cause there is an effect. 😉

    Reply this comment
  3. Timberrrrrr......
    Timberrrrrr...... 12 December, 2014, 12:36

    Surprised there’s no CWD blog on the passage of the ‘Cronybus’ bill – a total betrayal by the large majority of the House republicans after their constituents handed them both the House and the Senate in the last election. I will never vote for another Republican for as long as I live. If that’s the way they treat us – then they are not deserving of my vote on a local, state or national level. All traitors. The ‘CronyBus’ bill fully funds Obama’s amnesty and puts the taxpayers on the hook for any financial derivatives that blow up on Wall Street. How’s that for ‘conservative values’? I’m done with it. No more Republican votes by me!!!! 🙁

    Reply this comment
    • John Seiler
      John Seiler Author 12 December, 2014, 18:24

      This is a site on California. It delves into national issues only when there’s a CA connection, as with Obamacare/Covered CA, above.

      Reply this comment
    • Timberrrrrr......
      Timberrrrrr...... 12 December, 2014, 19:29

      Thanks for the explanation, John. But how does the taxpayers being held financially liable in the ‘Cronybus’ bill for $303 trillion worth of derivative contracts should they blow up on Wall Street or for the fully funding of Obama’s amnesty exec order when 25% of the nation’s illegals live in the California with wide open borders not impact our state to a large extent?

      Reply this comment
      • John Seiler
        John Seiler Author 14 December, 2014, 00:03

        Well, obviously, the federal govt. affects the state of Calif. But if we commented on all fed actions, there would be nothing to report on what’s going on specifically in Calif. Which is what we do. There are plenty of sites that cover the U.S. govt. and the national scene. We stick to our state.

        Reply this comment
  4. Timberrrrrr......
    Timberrrrrr...... 12 December, 2014, 13:40

    House Speaker John [EDITED] Boehner has increased federal spending by $3.8 trillion in the last 3.8 years after cutting his first spending deal with Obama and the Senate dems. With friends like that representing Republican constituents – who the heck needs enemies? Boehner is a traitor and needed to get ousted from his House leadership role years ago. But the House Republicans continue to support him – demonstrating that they are all traitors too! We have no representation in Washington DC. The fix is in. Republican constituents vote them the House and Senate majorities and then they turn around and screw us. Wolves in sheep’s clothing. No democracy in this country. Just shut up and pay your taxes while all of them continuously increase spending on pork projects, amnesty and put you on the hook to cover the losses the next time Wall Street blows up!!! Doesn’t matter who you vote for. YOU GET THE SAME OUTCOME!!! 🙁

    Reply this comment
  5. Timberrrrrr......
    Timberrrrrr...... 12 December, 2014, 15:10

    When is the conservative media going to admit that the GOP no longer represents Republican values or principles? By remaining silent the conservative media is really no better than the Daily Kos. The ‘CronyBus’ bill is a glaring example of how purported conservative Republicans throw their constituents under the train. 162 Republicans voted to approve. Only 67 voted against. Pure betrayal. Over a trillion dollars of pork – to include Obama’s amnesty funding which could have been extracted out. It’s one big liberal team back there. Conservatives have no voice in how this nation is run anymore. Anybody who votes Republican from this day forward is perpetuating the biggest political hoax in the history of our country. Adversarial political system in America? My foot! Where the heck is the conservative media? Are they in on it as well?

    Reply this comment
  6. Ulysses Uhaul
    Ulysses Uhaul 12 December, 2014, 16:37

    Frankly I like Berkley. Nice hills, great food, social order, bright people, cultural events, no fat doomers, nice trees, fab veggie dishes and ethnic food joints.

    As for you…..the fair and balanced posters abre losing patience with you…….no a good thing……repent!

    Reply this comment
    • Timberrrrrr......
      Timberrrrrr...... 12 December, 2014, 17:29

      I figured you’d like Berkley. Hand in glove. Be careful with the veggies tho. Medical science says that vegans die young. All the vegans I know look pale and sickly. Humans were born to eat meat. 😉

      Oh, btw, liberals are the most unfair and unbalanced ideology that I have ever crossed paths with. The liberal agenda is all one-sided: ‘Me take and you give’. Those 5 words are the sum of the entire liberal philosophy. 🙂

      Reply this comment
    • NTHEOC
      NTHEOC 12 December, 2014, 21:50

      What a bunch of Birkenstock wearing granola eating morons up in Berkely! It would be nice if we could put one large fishing net down and as soon as these cockroaches walk over it we could pull it up and dump them out somewhere!

      Reply this comment
  7. Ulysses Uhaul
    Ulysses Uhaul 12 December, 2014, 19:59

    Doomers have small vocabulary.

    “Bend over, pay taxes”. “We love to be Ruled”.

    Reply this comment
  8. Skippingdog
    Skippingdog 12 December, 2014, 20:12

    The upside, John, is that now your health insurance plan includes mental health coverage and treatment. After you deal with Timberrrr for awhile, you’ll definitely need it.

    Reply this comment
    • bob
      bob 12 December, 2014, 22:31

      And it also includes maternity coverage if John ever becomes pregnant.

      Reply this comment
  9. desmond
    desmond 13 December, 2014, 04:45

    Eat meat.

    Reply this comment
  10. Queeg
    Queeg 13 December, 2014, 09:03

    The Globalists and High Tech Slaver Imperialist never give bonuses to service and domestic workers or foreign exploited tricket assemblers.

    Uncaring doomers supported these louts to the death. Amnesty is the turning point. The Visgoths are coming. Liberation of the masses as they go over residential guarded fences….

    Fear Neth, El Clipped, Tmbrrr, Donkey, Poodle…..Desi…..Fear your lives change forever.

    Pass the Chalupas and Posole!

    Reply this comment
    • Donkey
      Donkey 13 December, 2014, 17:38

      Yet the RAGWUS feeders get a bonus for every holiday. The most spoiled rotten feral worker on Gaia is the public RAGWUS feeder. 🙂

      Reply this comment
  11. Queeg
    Queeg 13 December, 2014, 21:13

    Donkey,

    The feeders get an income infusion in January from cap/trade.

    The poor and working class will pay higher gasoline costs.

    Your doomer buddies get to bend over more frequently too.

    Stop kissing feeder rings Donkey.

    Join us Comrade!

    Reply this comment

Write a Comment

Leave a Reply


Tags assigned to this article:
inflationJohn SeilerObamacareJonathan Gruber

Related Articles

Why are costly BART perks ‘little-known’? Media

The Bay Area Rapid Transit System is central to the lives of hundreds of thousands of people and has been

Unions A Bad Word in CA?

Steven Greenhut: Here’s my latest piece in the New York Times online Room for Debate, in which I argue: “The

CalWatchdog Morning Read – September 28

CA and feds have different views of judging academic performance More things you can’t do while driving New twist in Yosemite