Originally Posted by
TheBaron Deux
Actually, it's you that doesn't seem to understand. That 17% CPI increase you love to reference is for the average American consumer. Just because you make 5x the average doesn't mean your basket of goods is 5x more expensive. Do you pay $15 for a pound of butter? Does Tim Cook pay $15k for that same pound? No. You may take nicer vacations and only eat Wagyu beef but that ISN'T what CPI is measuring.
Wireless telephone service (not hardware) is one part of the basket of goods and services. It accounts for 1.445% of the average consumers monthly expenses...about $1000 a year for someone making $70k. Are you really spending $5000+ a year on you cell phone plan? Did it go up $70 a month in the past two years? Doubtful. Which is why CPI doesn't correlate well to people in the top 10% of wage earners.
Do I want a nice big raise? Sure. But people misrepresenting a $50k raise as not even a COLA don't understand inflation. That $50k raise would be > a 70% increase for the "average" American. Are you going to argue they are barely keeping up with inflation?
fellas, I have 4 car payments, 3 private college, a wedding, 2 houses, boat, plane, ex, a sweet little 24 yr old grad student gf. When can we get this TA passed?