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I hear you. Where should we get that number that we can all trust??
I recently read a prediction of 4.2% for inflation with a core inflation prediction of 2.7% which excludes volatile items like gasoline and food. My guess is someone in between the two, but people from both parties like to play around with the numbers to use against the other party.
Actually my first job out of high school was for $3.00 an hour but I also made another $50 per week under the table. Unfortunately, I got laid off after 9 months and collected $65 per week in unemployment comp for 39 weeks. Back then our family of 5 went to a nice restaurant and had full course steak dinners and the entire bill was around $30.
Growing up there was a fast-food place named Dick Clark's Steer Inn, a mile away. We used to ride our bikes there. Hamburgers were 12 cents, cheeseburgers, 15 cents, same for fries and the best milkshakes ever 20 cents.