5 price hikes you and your family should expect

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  • RBB Sandy, UT
    July 8, 2014 8:45 a.m.

    The title of the story should be that consumers should expect everything to climb. The government has pumped an enormous amount of money into the economy to try and make things look better than they are. As the economy improves (as it will because an economy always overreacts in both directions) that extra money will force prices higher. The last time we printed this much money we had high inflation rates of the 1970.

    And just think about taxes. We spend hundreds of billions of dollars on interest on the national debt when we are paying 2%. What happens when interest rates rise and we are paying over $1 trillion a year in interest on the national debt? Taxes will have to go up to.

  • Denverite Centennial, CO
    July 4, 2014 9:10 a.m.

    I realize the writer here is just quoting a few words from a HuffPo story (Why ? When were they last correct about anything that actually matters ?), but re: minimum wage

    I doubt very seriously that a raise in minimum wage has anything to do with "attracting top talent" except in the faculty lounge within HuffPo's economist's ivory tower because A) if you're making minimum wage, by definition you're _not_ top talent and B) I doubt very seriously that top talent in any walk of normal life (discounting the occasional liberal bastion like Hollywood) either takes or turns down a job purely based on what the company is paying its non-top-talent employees.

    Seriously, DN, if your writers really know that little about either economics or common sense, you either need to stop writing about economics for good--or at least stop letting bubble-headed young people put together stories like this. Someone might read it and think the author actually knows something.

  • george of the jungle goshen, UT
    July 1, 2014 2:24 p.m.

    As my options are eliminated, I'm left with bad choices to prolong the inevitable, When I can't afford to live.