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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: LLCF who wrote (16587)3/8/2002 8:38:10 AM
From: Ilaine  Read Replies (1) | Respond to of 74559
 
The reason they adjust the basket is because the basket changes in real life. When I started keeping house, there were no microwaves. Now everyone has a microwave. There was no cable. Now everyone has cable. Nobody wore running shoes. Now everyone wears running shoes. Nobody wore sweats. Now everybody wears sweats.

Reductio ad absurdum - nobody wears high button shoes, or woolen swimsuits anymore.

So they have to keep adjusting.

If you want to pick one item and look at that, you can do that, too. The economic cost of having the mother of small children working has been studied very well. It's not worthwhile for most people. That's why I refused to work full time when my kids were young. After expenses and tax it would have added about $5,000 a year. I could make almost that much working from home. Now I can make a lot more than that still home most of the time, but that's another story.

Always remember, statistics are not real, they are approximations. They are information, and useful to people who understand the limitations. Not sure why you keep arguing about statistics if you think they are irrelevant. Bad for the heart.