Ten retirement tips Nov 8, 2009
According to most financial planners, stocks are more likely to help your savings beat the rate of inflation. Bonds arent always best. (iAfrica.com)
Accountability in leaders Nov 7, 2009
In today;s version of Wall Street ACCOUNTABILITY, our jobs are outsourced to China, our health care costs increase three times the rate of inflation while coverage is diminished; then the CEO is given a bonus in stock or cash for his ;good work. Then we the people need to find two jobs to replace the one good one we had while trying to stay healthy. (Princeton Bureau County Republican, IL)
New graduates face job slump until 2016 Nov 6, 2009
The rate of inflation will be very slow. It won t be until 2011 that there s consistent job growth, Mantell said. (The Daily Targum, NJ)
State economy seen stabilizing in 2010 before recovering in 2011 Nov 6, 2009
More people will lose jobs and the rate of inflation and unemployment will move up next year; however, there will be small gains in visitor arrivals and real personal income as the economy stabilizes ... More people will lose jobs and the rate of inflation and unemployment will move up next year; however, there will be small gains in visitor arrivals and real personal income as the economy stabilizes. (Honolulu Star-Bulletin)
Referendums 2009: Gains for Government Spending, Gambling Nov 6, 2009
Voters also rejected Question 4, a form of Taxpayer Bill of Rights, which would have restricted government spending at both the state and local level to the rate of inflation plus population changes. Voters turned down similar measures in 2004 and 2006. (BusinessWeek)
Maine Voters Reject Gay-Marriage Law Nov 5, 2009
Maine voters defeated a measure that would have limited state and local government spending by holding it to the rate of inflation plus population growth. A similar measure was on the ballot in Washington state. (Newsmax)
Experts: Lower Associate Pay Is Here to Stay Nov 5, 2009
3 times the rate of inflation for the past two decades. "Clients are saying they can't take the price increases," said Cotterman. (Law.com)
Ditch new drugs, take older meds to cut costs Nov 5, 2009
7 percent on average last year, more than twice the rate of inflation. advertisement. (MSNBC -- Health)
Gay marriage is put to a vote in Maine Nov 4, 2009
-- Measures in Maine and Washington that would limit state and local government spending by holding it to the rate of inflation plus population growth. -- A measure in Maine that would allow dispensaries to supply marijuana to patients for medicinal purposes. (WSVN-TV Miami, FL)
Mills: We are determined to enhance investment in Ghana Nov 4, 2009
He assured them of efforts being made to bring down the rate of inflation to protect their. investments. (Ghana Web, Ghana)
11/2/2009, 9:21am You got what I want Nov 3, 2009
So, it is with a grain of salt that we take gubernatorial candidate Scott Munsterman when he says the governor and the Legislature should limit the growth of state government to the rate of inflation and no longer use one-time sources of revenue to cover increased ongoing costs. He said state governments approach to budgeting hasnt changed significantly in at least 30 years. (Watertown Public Opinion, SD)
Valley workers feel pain of costlier coverage Nov 3, 2009
The increase is more than four times the rate of inflation and more than three times the rate that wages have increased over that same period, said Bianca DiJulio, a senior policy analyst with the Kaiser foundation. This year, premiums for families are about 5% higher nationwide, DiJulio said. (Fresno Bee -- Local)
Stakes are high in Maine's vote on gay marriage Nov 3, 2009
- Measures in Maine and Washington that would limit state and local government spending by holding down increases to the rate of inflation plus population growth. Voters would have to approve of any spending over the limits, or any tax hikes. (Concord Monitor)
Inflation eases, but won't prevent rate rise Nov 2, 2009
The rate of inflation fell in October, but a strong case remains for the Reserve Bank to raise interest rates at tomorrow's board meeting. The TD Securities-Melbourne Institute inflation gauge fell by 0. (Sydney Morning Herald -- Business)
No relief for first-time buyers Nov 1, 2009
The real estate crush has already contributed to a 1 per cent rise in the headline rate of inflation for the September quarter, the highest rate for a year. It makes a Melbourne Cup Day interest rate rise of 25 or even 50 basis points almost assured, as the Reserve Bank moves to tackle inflation before it gets out of control. (Sydney Morning Herald -- Business)
Govt plays down coming economic forecast Nov 1, 2009
While the annual rate of inflation fell to 1. 3 per cent during the September quarter - its lowest level in more than 10 years - the underlying rate of 3. (Sydney Morning Herald -- Business)
No relief for first-time buyers as house prices to keep rising Nov 1, 2009
The real estate crush has already contributed to a 1 per cent rise in the headline rate of inflation for the September quarter, the highest rate for a year. It makes a Melbourne Cup Day interest rate rise of 25 or even 50 basis points almost assured, as the Reserve Bank moves to tackle inflation before it gets out of control. (Sydney Morning Herald -- Business)
New WPI series for more accuracy Nov 1, 2009
Currently, the annual rate of inflation for a particular week is calculated on a point-to-point basis. It is measured as a percentage change of the WPI of that week over the WPI of the corresponding week in the previous year. (India Times)
Eurozone jobless worst since 1999 Oct 31, 2009
Figures for the rate of inflation in the 16 eurozone nations have also been released and show that they have remained negative for a fifth consecutive month in October. Consumer prices were down 0. (BBC News -- Europe)
Ex-factory inflation soars on minerals Oct 29, 2009
Ghanas annual rate of inflation in ex-factory goods and services for September 2009 was 15. 52 per cent, up 1. (Ghana Web, Ghana)
Get set: the rate that stops inflation Oct 29, 2009
An analysis prepared by the Australian Bureau of Statistics suggests that without the restraining influence of low import prices, Australia's 1 per cent quarterly rate of inflation would have been much higher ... The quarterly rate of inflation is now close to where it was when the Treasurer declared in February last year that ''the inflation genie is out of the bottle, it's been on the march for a couple of years. (Sydney Morning Herald -- Business)
Melbourne 'among most affordable cities' Oct 28, 2009
The consumer price index (CPI) shows the annual rate of inflation falling to 1 ... The annual rate of inflation is now at its lowest level in 10 years, and down from a rate of 5. (Sydney Morning Herald -- Business)
Munsterman calls for budgeting changes9:44 am | (No comments posted.) Oct 28, 2009
Published: Tuesday, October 27, 2009 9:44 AM CDT FORT PIERRE - The governor and the Legislature should limit the growth of state government to the rate of inflation and no longer use one-time sources of revenue to cover increased ongoing costs, Republican gubernatorial candidate Scott Munsterman said Monday. Munsterman said those two principles were keys to the city of Brookings eliminating its 10 percent budget deficit and turning surpluses the past five years during his time as mayor. (Watertown Public Opinion, SD)
Where have the savers gone? Oct 28, 2009
If as at present or in the 1970s, deposits and fixed-income investments provide savers with a return that is less than the rate of inflation, then savings rates are bound to decline. People won't save because they are being penalized for doing so. (Asia Times Online)
Paterson calls for Nov. 10 legislative session Oct 27, 2009
The increase is mostly a result of federal stimulus spending, but even without those funds, state spending still exceeds the rate of inflation. Joint sessions are uncommon, except for the governor s annual State of the State address. (Albany Business Review, NY)
Employer-Based Insurance: Paying More, Getting Less Oct 27, 2009
In one respect, of course, employers are simply grappling with the rise in overall medical costs, which are growing at about three times the rate of inflation. But another, less talked about problem is that in recent years employers and employees have been passive consumers of health insurance. (Time.com)
Read the 'JER' transcript Oct 27, 2009
And what they would say is state government spending can grow at the rate of inflation and population growth. But if you have to grow faster than that, you have to get a vote of the people to approve it. (Fox News)
Experts Talk GDP, Dollar, Housing, Stocks Oct 27, 2009
Our contacts in China have been reporting since the summer that officials have become more concerned about inflation signs, but with exports falling and the year-over-year rate of inflation still negative in China (-0. 8% year over year), we felt they could not act on it. (BusinessWeek)
FTSE bosses 'get big salary rise' Oct 26, 2009
4% over the past year - several times the rate of inflation, Incomes Data Services (IDS) found. The pay analysts also said bosses' average bonuses were more than 500,000, although the payouts had fallen by 29% in the past year. (BBC News -- UK)
Your Money: Develop a plan to control situation in hard times (3) Oct 25, 2009
This is especially true when land has gone through extraordinary inflationary cycles as the past five years and the value of commodities sold have not increased at the same rate of inflation. Each year the input costs get larger, the gambles get bigger and the possibility of some wrench being dropped into the gears of your operation increases. (Sioux Falls Tri-State Neighbor, SD)
Candidates offer promises at forum Oct 24, 2009
Democratic incumbent Timothy Brennan said that closing a firehouse is "not something we are going to do," and Republican town council candidate Justin Clark promised to not vote for a budget that increased taxes by more than the rate of inflation. Marion Berard, the mother of Republican candidate Denise Berard Hall, who could not attend the forum, said that her daughter was committed to reinstating Veteran's Day as a school holiday and she would fight any redistricting plan. (West Hartford News, CT)
What now for your finances? Oct 24, 2009
The key has been the gap between the rate on offer, and the current rate of inflation as measured by the retail prices index (RPI). In September last year when RPI was 5%, the average savings account, where no notice was required for a withdrawal, offered just 3. (BBC News -- Business)
Read more... Oct 23, 2009
9 percent above and beyond the rate of inflation from 1999-2000 to 2009-10 faster than the 3 percent and 4 percent rates of the previous two decades ... As was the case for tuition and fees, spending on food, housing, books, supplies, and other student costs increased more rapidly than the rate of inflation in 2009-10. (PNN Online)
Will the monthly computation of inflation data be more effective than the weekly one? Oct 21, 2009
Since the rate of inflation is a key monetary policy input, a better WPI would help the Reserve Bank of India (RBI) take a timely response. Economists have welcomed the restructuring of the WPI, but still voiced the need for a good consumer price index (CPI), which is taken as a better measure of prices for policy-making. (India Times)
Board to hear proposal to change CMS colors Oct 21, 2009
Kuetemeyer said the Property Tax Extension Limitation Law s restrictions tied to the rate of inflation mean the district can probably expect about a 1,000 increase in revenue from current property values. - Adopting a program that would let CHS students who have failed classes to make up the courses online. (Mattoon Journal-Gazette, IL)
Treasuries Demand Shows No Lost Appetite as Dollar Sinks With Zero Returns Oct 19, 2009
The rate of inflation rose 2. 87 percent on average between 2002 and 2008. (Bloomberg -- US)
Election Focus: Initiative 1033 would slap cap on government growth Oct 19, 2009
At its heart is a cap on revenue: The main checking accounts of city, county and state governments would only grow fast enough to keep pace with the rate of inflation and yearly population growth. Any tax money that comes in above the cap would automatically flow into a separate account, which would replace property tax revenue in the following year, cutting a taxpayer's expected bill. (Longview Daily News, WA)
Bernanke Frets Over Sherlock Holmes's Next Stop: Caroline Baum Oct 19, 2009
The most popular answer to a question on the current rate of inflation was no clue. That was followed by no idea in response to a question on expectations for inflation over the next. (Bloomberg -- Columnists)
Getready to pay morefor your healthcoverage Oct 17, 2009
Over the past decade, the average annual health insurance premium for all workers rose 131 percent to $13,375 or more than four times the rate of inflation, according to the Kaiser Family Foundation. In response, some companies have dropped coverage altogether. (MSNBC -- Health)
Inflation not a likely threat in rebound Oct 16, 2009
The so-called core rate of inflation, which excludes volatile food and energy prices, also rose 0. 2 percent in September. (Pittsburgh Post-Gazette, PA)
State cut to impact ‘virtually everyone' Oct 14, 2009
Bartz said that if the state budget had increased by the rate of inflation during the past four years, we would have a surplus. but there aren't any checks and balances in government right now. (Forest City Summit, IO)
Sharp criticism for 16% increase in transport fares Oct 14, 2009
The director of the NSW Council of Social Service, Alison Peters, said increases above the rate of inflation would hurt low-income families. Her comments were echoed by Hugh Worrall, of the Western Sydney Community Forum, who said the plan would particularly disadvantage western Sydney commuters who did not have access to weekly and discounted fares. (Sydney Morning Herald -- Australia)
The Five Faces of Jerry Brown Oct 14, 2009
6 percent, less than the rate of inflation. He wasn t always so restrained in the rest of his reign, but he was thriftier than his predecessor, accumulating one of the biggest budget surpluses in California history. (The American Conservative)
Eyman's latest initiative creates clear battle lines Oct 13, 2009
Initiative 1033 would limit revenue increases for state, city and county governments to the rate of inflation and population growth. Additional money above the limit would be used to reduce property taxes. (Longview Daily News, WA)
Governor signs bills that boost solar power Oct 13, 2009
Bills can rise by the same amount as the rate of inflation - as tracked by the consumer price index - plus 1 percent. The total increase can not exceed 5 percent per year. (San Francisco Chronicle -- Business)
Revenue cap initiative shouldn't target local governments Oct 13, 2009
The measure would limit the growth of government by capping the annual growth of revenue at the rate of inflation, plus population growth. Any revenue collected above that cap would be put toward reducing property taxes the following year unless citizens voted to allow the additional government spending. (Longview Daily News, WA)
A Closer Look at Gov. Tim Pawlenty Oct 13, 2009
The rate of growth in the state budget for the last seven years is now below the rate of inflation ... Also, in 2008, he vetoed an attempt to require the state s minimum wage be indexed to automatically increase at the rate of inflation. (Human Events Online)
City Year founder hits the suburban campaign trail Oct 12, 2009
Reform is necessary when health care costs are increasing at three times the rate of inflation, he said. "It's killing small business," he said. (Allston Brighton TAB, MA)
Two November referendums target taxation in Maine Oct 12, 2009
Question 4 seeks to change the formulas that limit state and local government spending by holding state spending to the rate of inflation plus population growth. The Legislature and voters would have to approve any spending over state limits or increases in state taxes, and local voters would have to approve any spending above municipal and county limits. (Boston Globe)
Letter: Political system hoses public Oct 11, 2009
Healthcare costs have risen three to four times the rate of inflation for less and less overage over the past 10 years, while personal income levels have remained almost stagnant. Our individual healthcare costs are more than twice that of most other nations. (Appeal Democrat, CA)
Bernanke Says Fed Will Be Ready to Tighten Policy When Economy Improves Oct 9, 2009
Looking at the amount of excess capacity in the economy, looking at the low rate of inflation, we believe that conditions will warrant policy accommodation for an extended period, he said. The U.S. currency strengthened to 89. (Bloomberg -- US)
Dollar Advances After Bernanke Says Fed Ready to `Tighten' Upon Recovery Oct 9, 2009
Looking at the amount of excess capacity in the economy, looking at the low rate of inflation, we believe that conditions will warrant policy accommodation for an extended period, Bernanke said in prepared remarks at a Board of Governors conference in Washington. Bernanke is shifting to a hawkish tone in terms of the timing of exit strategy following moves by other central banks, especially the Reserve Bank of Australia, said , vice president of foreign exchange sales at Mizuho Corporate... (Bloomberg -- Japan)
Weiner: ‘Heck no, we don’t want zero’ Oct 9, 2009
Seniors have received a steady COLA increase each year since the mid-1970s, based on the rate of inflation. Although the elderly fared comparatively well last January, collecting a 5. (Queens Chronicle, NY)
Fed ready to act on US economy Oct 9, 2009
Looking at the amount of excess capacity in the economy, looking at the low rate of inflation, we believe that conditions will warrant policy accommodation for an extended period,'' he said. The Fed staff is fine-tuning mechanisms designed to drain or neutralize excess cash in the banking system following a doubling in the central bank's balance sheet. (Sydney Morning Herald -- Business)
Mere criticism won’t fix costs Oct 8, 2009
And that s one reason health costs rise at two or three times the overall rate of inflation. Last summer, a special commission with doctors, insurers, hospital administrators, and legislators called for revolutionizing the way insurers and the government pay for treatment. (Boston Globe)
I-Believe-in-a-Strong-Dollar Refrain Becomes Relic as China Begs Stability Oct 8, 2009
A sound monetary policy will be restored -- one designed to instill confidence in the American dollar abroad, as well as bring down the rate of inflation at home, according to a 1980 brochure from Reagans campaign. Bentsen, Rubin, Summers. (Bloomberg)
Health care: Which is the real party of no? Oct 7, 2009
Claims denial, termination of coverage, and refusal to cover pre-existing conditions persisted during times of rate increases that surpassed the rate of inflation by leaps and bounds. The Republicans are, despite Mr. Wingfield s claim, the party of NO. NO to the public option. (Atlanta Journal-Constitution -- Opinion)
Debt-ridden Greece takes a sharp turn to the left Oct 6, 2009
Mr Papandreou proposes to invigorate the economy with salary and pension rises above the rate of inflation in 2010. He has also announced a 100-day plan to boost the market, create jobs and clean up public finances. (Sydney Morning Herald -- World)
Concerned about health care reform Oct 5, 2009
Josh wrote on Oct 4, 2009 11:09 AM:" Mr. Scott,This is an extremely irresponsible article you have produced contributing to the mountain of deception and lies we have already seen coming from those that wish to continue exploiting the health of Americans for monetary profit. The opinions and views reflected by medical personnel in this article are based upon the prospect of a universal or single-payer system, which by no means is on the table in Congress. There is not going to be any "government... (Carlisle Sentinel, PA)
Socialists trounce conservatives in Greek election Oct 5, 2009
Mr Papandreou, 57, proposes to invigorate the economy with salary and pension hikes above the rate of inflation in 2010. He has also announced a 100-day plan to boost the market, create jobs and clean up public finances. (Sydney Morning Herald -- World)
12 comments Oct 4, 2009
He said that simply holding state budget growth to the rate of inflation would have resulted in $35 billion less in taxes over the last eight years. And he accused Corzine and Daggett of planning to raise taxes by billions more. (Human Events Online)
MY VIEW: Give taxpayers back STAR rebate checks Oct 2, 2009
With time we began witnessing erosion of the benefit provided by the STAR exemption as tax levies far exceeded the rate of inflation. The Senate Republican Majority put forward several measures again and again to reform the real property tax system. (Hudson Register Star, NY)
Dems' Grayson Compares U.S. Health Care System to Holocaust Oct 2, 2009
Following in the footsteps of the House, the Senate voted yesterday to pass the Legislative Appropriations bill increasing funding for the legislative branch of government at three times the rate of inflation. Sen. (Human Events Online)
Eurozone prices falling further Oct 1, 2009
It is the fourth consecutive month that the rate of inflation has been negative in the bloc of 16 European nations that use the euro as their currency. Oil prices have fallen over the past month as concerns have grown about the state of the US economy. (BBC News -- Europe)
The American Way of Dentistry Sep 30, 2009
Although dental-insurance premiums remained relatively steady over the last decade, especially when compared with skyrocketing medical-insurance premiums, between 1998 and 2008 the increase in the cost of dental services exceeded that of medical care and far exceeded the overall rate of inflation. (The 30-year trend shows medical-care prices rising slightly more than dental prices. (Slate)
