Daily Archives: November 13, 2008

Nov 13 2008

Inflation Calculator – Buying Power Of Your Dollar (Cool, check it out)

The CPI inflation calculator uses the average Consumer Price Index for a given calendar year. This data represents changes in prices of all goods and services purchased for consumption by urban households. This index value has been calculated every year since 1913. For the current year, the latest monthly index value is used.

LINK: Inflation Calculator

 

Year  Name DBP Picture
1941-1945 Franklin D. Roosevelt $14.88 roosevelt
 
1945-1948 Harry S. Truman $9.08 truman
1949-1953 Harry S. Truman $8.19
1953-1961 Dwight D. Eisenhower $7.32 eisenhower
1961-1963 John F. Kennedy $7.15 kennedy
1963-1965 Lyndon B. Johnson $6.95  
1963-1969 Lyndon B. Johnson $5.96 johnson
1969-1973 Richard M. Nixon $4.93
1973-1974 Richard M. Nixon $4.44 nixon
1974-1977 Gerald R. Ford $3.61 ford
1977-1981 Jimmy Carter $2.41 carter
1981-1989 Ronald Reagan $1.76 reagan
1989-1993 George Bush $1.51 bushs
1993-2001 Bill Clinton $1.24 clinton
2001-2009 George W. Bush

 

Does anyone know what the buying power of a dollar today?

Nov 13 2008

Obama’s pledge to clean up Washington – “But this is a warning sign.”

President-elect Barack Obama says moneyed interests won’t have an inside track in his White House, but six of the 15 people he named to his transition team are top fundraisers.

They include Julius Genachowski, a former technology and news media executive and an Obama classmate at Harvard Law who raised more than $500,000 for the campaign, and Federico Peña, a two-time Cabinet secretary in the Clinton administration who is a managing partner in a global investment firm. He collected more than $50,000.

SOURCE: USA TODAY

So much for that pledge!  Turning out that Obama is talking out both ends again!  Also by moving in so many of the old Clinton group shows politics as always in Washington….So where is the change?