Quote:
Originally Posted by wodin
School lunches.
During my commute home last night the talk show host was commenting on a proposed increase in the cost of school lunches. It turns out that if approved, the cost will have doubled in the past five years.
A little modeling in Excel shows that for the cost of something to double in five years requires an average annual inflation rate of just under 19%.
When is the last time you have heard of an annual CPI increase of 19%? Makes me wonder, has someone been fibbing to us ‘bout the inflation rate!
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Sorry, I don't mean to hijack the thread, but I was just truly shocked to learn that the price of lunch is going up in the Sandwich Isles!
Back on topic: Can openers. The kind that you grip and squeeze to pierce the lid, then twist the handle to run a cutting wheel around the inner edge and lift off the top of the can. These days it's rare to find one that grips tight enough, with a wheel sharp enough to actually cut through the lid.