As it happens, details of all that other spending just landed on our desk in the same pile of future recycling as the pensions press release -- three thick volumes of the annual public accounts showing what happened to all our tax money in the past year.
Here's a sample (and we're not making this stuff up):
- Harper's first photo op with George Bush set the treasury back almost $300,000 for their 36 hours in Mexico, not counting the government jumbo jet, but including the costs of the PM's large communications entourage that spent most of the time hiding from the media.
- Taxpayers coughed up a total of $568 million last year for "weapons and ammunition." While most of that was spent by National Defence, we would note that $36,137 was used for artillery purchases by, ahem, the national gun registry.
http://www.ottawasun.com/News/Columnists/Weston_Greg/2006/10/03/pf-1941770.html
[Proofreader's note: this article was edited for spelling and typos on October 4, 2006]
Note: http://www.ottawasun.co...
Frank
In my calculations, the real cost of life went up at least 1000% in the past 35 years,and about tripled since the 1989 FTA, then NAFTA, but wages remained either stagnant, or perhaps doubled. This is not recognized anywhere.
We live in the most corrupt society that could be imagined and the people responsible for this are the phoney economists and the chickencrap politicians of all parties.
Ed Deak.
If you take a look how much fuel prices have gone up, that's a good indicator as to what the true inflation is like. Everything from food production to toilet paper production is dependent on oil, so when oil goes up, so does everything else.
Another form of inflation is how much we're being taxed on. Since a lot of taxation is a percentage function of retail prices, when prices go up, so does taxation by the same percentage amount.
I suppose the reason for lying about the inflation rate, is to get people to accept working more for less.
1953 Covette @ $3498 vs 2006 @ 75,000+
The 2006 price is approx 21.44 times the cost of the original or 2,044% more.
I picked the Corvette because it was one of the few cars that had a production history long enough to make a comparison like that possible.
In 1953, gasoline cost roughly 14.9 cents a gallon. Today at the local gas station where I buy my gas it is 95.7 a litre or $3.66 a gallon (I used the 3.8 litre US gallon in the calculation because the reference source I used did not specify gallon type). The math comes out as 3.66/14.9 = 24.22 times as much. an increase of 2,344%.
I don't know what the minimum wage was back in 1953 because so far I haven't been able to find out what it is, but I have heard that it was about 50 cents an hour. If anyone can verify that, I'd appreciate it.
However, using the current BC min wage of $8.00/hr and the value of the 1953 wage i was given, we come to an increase of 16 times, or 1400 percent.
Obviously, wage has not kept up with the two increases noted so far.
Thus far I have not been able to find the prices of bread, milk, eggs, and potatoes for 1953. But if/when I do i will post them and the inflation ratios for those as well.
Feel free to contribute whatever data you have.
Thanks.
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"and the knowledge they fear is a weapon to be used against them"
"The Weapon" - Rush
Typo.
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"and the knowledge they fear is a weapon to be used against them"
"The Weapon" - Rush
Message to self: never proofread when waking up.
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"and the knowledge they fear is a weapon to be used against them"
"The Weapon" - Rush
In 1950, a first class postage stamp cost 4 cents. In 1964, the minimum wage was set at $1.00 per hour. In 1972, a barrel of oil cost 6 bucks.
Don't believe the B.S. you hear from the economists/spin doctors. Numbers don't lie - people lie.