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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: T L Comiskey who wrote (4057)9/27/2000 9:36:01 PM
From: Jim Willie CB  Respond to of 65232
 
spotlight on lobbying efforts by private economists to get Congress to boost funding for statistical agencies

outdated computer systems are only half the problem
other half is statistical incompetence by staff
been harping on this subject for years

probably very minor impact though imo
more important measure of inflation is the GDP deflator
unfortunately, CostOfLivingAdjustments COLA's are based on CPI

this news item was just enough to accentuate a weird day
/ Jim