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Politics : Ask Michael Burke -- Ignore unavailable to you. Want to Upgrade?

To: Freedom Fighter who wrote (77841)	3/14/2000 3:36:00 PM
From: Don Lloyd	Respond to of 132070

Wayne - [[...They say people substitute chicken for steak. I say some people can no longer afford a steak...]] Having done that, no stretch is required to further substitute dog food for the chicken. Despite the clear numbers on my HMO premium bills that show a 20% inflation rate, I can always substitute chicken soup. Regards, Don

To: Freedom Fighter who wrote (77841)	3/14/2000 7:30:00 PM
From: Skeeter Bug	Read Replies (1) \| Respond to of 132070

>>They say people substitute chicken for steak. I say some people can no longer afford a steak.<< yes, but... chicken doesn't provide as much "value" as steak so it shouldn't lower cpi... this is absurdly stoooopit. whoever said this game is all about politics, increasing taxes and reducing disbursements is EXACTLY right.

To: Freedom Fighter who wrote (77841)	3/14/2000 11:18:00 PM
From: BGR	Read Replies (2) \| Respond to of 132070

Wayne, As I have said earlier, the CPI basket of goods and services is a hypothetical one and geared towards providing an average measurement. I don't smoke (Simba, please note that I used to) and I have quite a large company there, but that doesn't mean that I should call for removal of tobacco products from the CPI basket as long as a large section of consumers continue to use tobacco products. I do not think that taxes are a part of CPI. Given that they are not subject to free market forces and also affect consumers based on their income groups (whereas the CPI basket is agnostic in that regard), I doubt if they should be. -BGR.