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Politics : View from the Center and Left

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To: JohnM who wrote (149557)11/11/2010 11:25:51 AM
From: Katelew  Read Replies (1) of 541697
 
John, you're too locked in on the identity of the person who writes or says something. You might try reading or listening just to the words themselves. Especially on economic matters and budgetary suggestions. Your partisanship is baggage....seriously.

The world is much more interesting when one just follows the facts and the data without also reading someone else's interpretation of the data who has a political axe to grind. Like Steve Benen or Krugman.

As for "multiple inflation measures"...perhaps. But it matters not when the official benchmark inflation numbers our government produces do not include food and energy prices. It's this number that investors look at. It's this number that determines the COLAs. It's this number that Bernanke apparently makes his decisions and policies on.

Personally, it seems stupid to leave out such important data. It leads to skewed investment and government policy decisions and dumbs down the public. It would be interesting to know how it came to be. Other countries measure inflation more comprehensively.

Nothing more to say on the subject. Glad you now know how inflation is measured.
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