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To: Haim R. Branisteanu who wrote (48215)6/19/1999 3:35:00 PM
From: BGR  Read Replies (1) | Respond to of 86076
 
These reporters need to better understand how inflation is calculated. It is an average. (Do they know what average is? I am not sure!) Hence, an average inflation of 2.1% doesn't mean that every single consumer good will rise by exactly 2.1%. I don't see these reporters complaining when PC prices drop 50%, right? By their logic, box manufacturers should have started to grumble that in the face of 2.1% inflation they have 0 pricing power.

One thing's true though. If these folks can get a job as a reporter, the labor market must be tight!