COLA in the CBA…
12-14-2021, 05:56 AM
#2
The NeverEnding Story
Joined APC: Sep 2005
Posts: 7,512
2000-2020 CPI averaged 2.1%. In that 21 year time frame, CPI has exceeded 3% only five times.
2021 is gonna be a big one, no doubt...but while I've never bought the "transitory" line from the Fed I think there's scant reason to believe these kinds of sharp increases will continue at the same rate for years on end into the future.
2021 is gonna be a big one, no doubt...but while I've never bought the "transitory" line from the Fed I think there's scant reason to believe these kinds of sharp increases will continue at the same rate for years on end into the future.
12-14-2021, 06:58 AM
#3
Perennial Reserve
Thread Starter
Joined APC: Jan 2018
Posts: 11,496
Originally Posted by BoilerUP
2000-2020 CPI averaged 2.1%. In that 21 year time frame, CPI has exceeded 3% only five times.
2021 is gonna be a big one, no doubt...but while I've never bought the "transitory" line from the Fed I think there's scant reason to believe these kinds of sharp increases will continue at the same rate for years on end into the future.
2021 is gonna be a big one, no doubt...but while I've never bought the "transitory" line from the Fed I think there's scant reason to believe these kinds of sharp increases will continue at the same rate for years on end into the future.
For every 100,000 in wages you earn today, five years at 2% will leave you with only $90,578. At 3% for 5 years that would go down to $86,260 in value.
Do the math yourself.
Last edited by Excargodog; 12-14-2021 at 07:11 AM.
12-22-2021, 03:59 PM
#4
Gets Weekends Off
Joined APC: Mar 2015
Posts: 1,094
Originally Posted by Excargodog
In which case nobody should object to putting CPI adjustments in the contracts then. The social security and military retirees just got a 5.9% increase for 2022 due to the current CPI. Most major CBAs had a 2-3% increase for the year. They went backwards two to three years worth, doesn’t take many years like that to make a 5 year CBA a losing proposition.
For every 100,000 in wages you earn today, five years at 2% will leave you with only $90,578. At 3% for 5 years that would go down to $86,260 in value.
Do the math yourself.
For every 100,000 in wages you earn today, five years at 2% will leave you with only $90,578. At 3% for 5 years that would go down to $86,260 in value.
Do the math yourself.
12-27-2021, 02:16 PM
#5
Gets Weekends Off
Joined APC: May 2010
Position: Baja Vermont
Posts: 5,177
Originally Posted by BoilerUP
2000-2020 CPI averaged 2.1%. In that 21 year time frame, CPI has exceeded 3% only five times.
2021 is gonna be a big one, no doubt...but while I've never bought the "transitory" line from the Fed I think there's scant reason to believe these kinds of sharp increases will continue at the same rate for years on end into the future.
2021 is gonna be a big one, no doubt...but while I've never bought the "transitory" line from the Fed I think there's scant reason to believe these kinds of sharp increases will continue at the same rate for years on end into the future.
Even 3-4 years would be a big hit plus the inevitable recession as the result of disinflation. ‘73-‘84 wasn’t a picnic.
01-16-2022, 10:55 PM
#9
Gets Weekends Off
Joined APC: May 2021
Posts: 319
Originally Posted by BoilerUP
2000-2020 CPI averaged 2.1%. In that 21 year time frame, CPI has exceeded 3% only five times.
2021 is gonna be a big one, no doubt...but while I've never bought the "transitory" line from the Fed I think there's scant reason to believe these kinds of sharp increases will continue at the same rate for years on end into the future.
2021 is gonna be a big one, no doubt...but while I've never bought the "transitory" line from the Fed I think there's scant reason to believe these kinds of sharp increases will continue at the same rate for years on end into the future.
Last edited by 4dalulz; 01-16-2022 at 11:05 PM.
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