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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: Kenneth E. Phillipps who wrote (549893)3/9/2004 11:31:44 AM
From: JBTFD  Respond to of 769667
 
<<Wages and Salaries are not keeping up with the overall rate of inflation. Most Americans are worse off than they were one year ago.>>

And that statement doesn't consider that CPI understates inflation by use of the substitution effect and hedonics.