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


To: Hope Praytochange who wrote (693120)7/21/2005 9:19:52 AM
From: DuckTapeSunroof  Read Replies (1) | Respond to of 769670
 
John Crudele of The New York Post yesterday gave two examples of how badly the government inflation numbers are understating the true rate of inflation.

“American Auto Association calculates that gasoline prices have risen 21.5% since this same time last year. But the government swears gas prices are only 6.9% higher over the year.

“That little trick alone saved the CPI from being 0.53% points higher.

“Despite all you’ve read, the government thinks housing is only 2.2% higher over the past year. Others, including the National Association of Realtors, calculate that housing is up at least 12.5%.”