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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: AC Flyer who wrote (117790)8/21/2001 9:17:16 PM
From: Les H  Read Replies (1) of 436258
 
You have to add back in at least 1.1 percentage points to CPI since they've adjusted it down since 1996 till 1999. It's probably closer to the 1.5 or 1.6 point target by now as set in the Boskin report. This also helps to increase nominal GDP and productivity, and hence use this mathematical adjustment to justify more stimulus and to attract foreign funds.
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