So which is it? Gas inflationary? Or not!!

(mods, please move this if in wrong forum. Tnx)


So I am reading today about Social Security not giving a COLA for 2016. The statement was because of the low cost of gas.

Now please correct me if I am wrong, but any other time the government talks about inflation, or the lack of, that they are always careful to point out that gas and food dont count in inflationary measures.

So it looks like they have it both ways now. When it benefits them in not paying out.

a reply to: smirkley

Chart listed in the link below shows a pretty easy to argue case that gas prices do indeed inflate.

Source

A link to show that gas prices don't necessarily trend to crude prices

Source

a reply to: smirkley

Perhaps you could ask the gas station attendant to help identify your artwork....are you drunk?

a reply to: soulpowertothendegree

Nope, completely and forever sober.

a reply to: smirkley

you are completely correct, gas and food aren`t a part of their formula for calculating the rate of inflation.