Sac Bee: The economy is down, but the cost of living is going up
May 22, 2009 at 9:43 am · Category: Business Culture and Current Events, Inflation
If you look at the consumer price index, you would think that the cost of living is very low. Unfortunately, that is not the case. The cost of living for the average person is going up.
– Sung Won Sohn, professor of economics at California State University, Channel Islands.
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seems like everything that is going up (aside from energy) is money that goes to the government, or a government owned business/program (i.e. University of California, Public transportation, DMV, taxes)