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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?


To: Wayners who wrote (10441)4/3/2009 4:28:30 PM
From: DuckTapeSunroof  Respond to of 103300
 
Re: "The Big Mac is essentially a small basket of Goods. ...You got meat, bread, lettuce, sesame seeds, cheese, energy, transportation costs, marketing, sales, special sauce...a pretty good mix of stuff."

Exactly right!

"People will argue that it isn't a big enough basket of Goods."

(Well, it doesn't have metals or energy costs... but it is a pretty fair approximation of local retail purchasing power all the same --- and it is mostly exempt from government statistical trickery.)

"Screw the official CPI which is so manipulated with goods replacements and quantity manipulations. It's utter BS."

Exactly right again --- the government has it's very heavy thumb on the scales.