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View Full Version : INCONVENIENT TRUTH OF THE DAY 03/31/12!



LWW
03-01-2012, 11:30 AM
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">Forget the modest 3.1 percent rise in the Consumer Price Index, the government's widely used measure of inflation. Everyday prices are up some 8 percent over the past year, according to the American Institute for Economic Research. </div></div>

BOUNCING BOVINE SCATOLOGY BATMAN ... THE REGIME LIED! (http://www.cbsnews.com/8301-505144_162-57387655/inflation-not-as-low-as-you-think/)

Soflasnapper
03-01-2012, 12:23 PM
No, it doesn't mean they lied, and the article doesn't even suggest that they did.

Using a different measure, which this group says is more accurate, yields a different result than the standard definitions and measures which this administration has not changed.

Is their different standard better? Well it leaves out 40% of typical household consumption because it isn't changing.

WHAT??? So they say prices are changing more, by leaving out the prices that don't change? Sounds like a methodology flaw, not a better methodology, to me. It automatically skews the supposed increase in prices higher, by that method alone.