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1

And the disconnect between local inflation and local wages makes it hurt just that little bit more. Add in housing prices especially disconnected from local wages, and it's going to be an interesting household balance sheet for a lot of us this year.

Posted by tomasyalba | February 21, 2008 12:18 PM
2

it's getting to the point where I can't afford to buy meat anymore.

Posted by michael strangeways | February 21, 2008 12:30 PM
3

Good thing there's still plenty of pigeon.

And squirrel.

Posted by NapoleonXIV | February 21, 2008 12:31 PM
4

Well then, by all means let's vote "yes" on whatever plan Sound Transit hatches to rip scores of billions of dollars of regressive sales taxes out of the pockets of the poorest among us. Several of the largest local employers want their drones to have "transportation alternatives" - that's a good enough reason, right?

Posted by pigmalean | February 21, 2008 12:38 PM
5

This is why I'm glad my annual raises are tied to COLA; at least I keep up.

And don't forget 'possum and raccoon Napoleon, they's makes tasty vittles too, ya' know.

Posted by COMTE | February 21, 2008 1:16 PM
6

Suddenly that 4.5% CD account doesn't look so good...

Posted by DOUG. | February 21, 2008 1:23 PM
7

Good thing 15 percent of my salary is invested in the stock market ... well, at least the 7.5 percent in the EU, that is ...

Posted by Will in Seattle | February 21, 2008 1:25 PM
8

this is why we need to preserve old denny's buildings in ballards. to fight inflation by limiting supply!

Posted by Bellevue Ave | February 21, 2008 1:28 PM
9

Why should we be surprised that some where cheaper like seattle outplaces much more expensive places?

Seattle would still have to get a lot more expensive relatively to catch up.

Posted by Andrew | February 21, 2008 2:27 PM
10

My beer rep buddy says that hops cultivation is losing acreage to biofuel cultivation.

Posted by Lloyd Clydesdale | February 21, 2008 2:42 PM
11

Gee, maybe it's being driven by our City Government's incessant pandering to upscale development - which displaces cheaper housing in favor of luxury condos, resulting in a new batch of residents who would rather shop at Whole Paycheck than be caught dead in an Albertson's or a Safeway (or would rather experience fine dining at some posh overprice eatery than a downscale joint like Denny's).

Back when the City was spending a shitload of public money building a fancy new Symphony Hall (passing on a donated piece of property at Seattle Center), expanding the Convention Center over I-5 to appease the hotel lobby instead of putting it by the former Kingdome where the people who actually stage conventions wanted it, and declaring the retail core "blighted" to misuse HUD money to build a parking garage for the Nordstrom's - all in the name of attracting the international monied and retiree classes at the expense of the traditional residents and businesses downtown - many of us old-timers observed that this seemed to be both a taxpayer-financed inflationary spiral as well as a transfer of wealth upward.

Told you so....

Posted by Mr. X | February 21, 2008 2:51 PM
12

yoinks. the entire pike/pine pabst set will now fall backwards on the fainting couch, as PBR skyrockets to .50 a can. and those frequenting that eyesore kurrent with a fucking backwards 'k', or boom noodle, will now be faced with 10.00 Duck Farts and Cosmos. What I love is the excuse that our local economy has remained RELATIVELY strong, which is supposed to explain the inflation. (emphasis mine)and yet, wages remain stagnant. So what gives? How strong can the economy be if the wages are stuck in permafrost? Oh, maybe they are saying we are lucky to have jobs at all.

Damned corn and ethanol lobbies. Unintended consequences, how we love you so. Even the Mexicans have to buy their tortillas from Romania now or some shit. Not really, but someday.

Posted by jellyculligan | February 21, 2008 4:08 PM
13

Frickin corn lobby not only gives us lousy sugar, but jacks up the price of beer.

Good thing I prefer cider.

Posted by Will in Seattle | February 21, 2008 8:36 PM

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