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Politics : Foreign Affairs Discussion Group

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To: TimF who wrote (263518)5/6/2008 8:40:32 PM
From: Sun Tzu  Read Replies (2) of 281500
 
But it wasn't just about replacing cassettes with CD players, was it?

It was also about how government systematically gives greater weight to lower priced *poorer* items. That much should have been clear from the example of how ground meat was the substitute for steak so as to keep the inflation numbers down.

It was also about "Imputed income" and other shenanigans.

The bottom line is that the government has a vested interest in not reporting bad numbers so as not to upset the people with its performance.
Now if you want to just trust the government despite this conflict of interest, go right ahead; it is still a free country, albeit a lot less so than it used to be.

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