Re: Effect of Short Income on C&TS ...

Russo Loco Wrote:
=======================================================
> Michael Wrote:
> ===================================
> > As far as cost, from 2006 to 2014 the
> > Median Income has risen 16 % while the
> > ticket price on the C&TS has increased 31 %.
>
>
> Technically correct Michael, but misleading -
>
> The Median Income may have risen 16%, but that's
> primarily because the income of the top 1/10 of 1%
> of Americans has risen more than 200%.  Take
> inflation into account, and the purchasing power
> of middle-class retirees like myself - living on a
> fixed income (with very minor cost-of-living
> adjustments) - has actually fallen by a percent or
> more.
>
> - Russ

You are correct. But, I'm not sure when conversing further on this turns into politics, so I'll stop there.