You are viewing an obsolete version of the DU website which is no longer supported by the Administrators. Visit The New DU.
Democratic Underground Latest Greatest Lobby Journals Search Options Help Login
Google

Reply #79: Inflation statistics should be grounded to reality...By de-coupling inflation statistics so that [View All]

Printer-friendly format Printer-friendly format
Printer-friendly format Email this thread to a friend
Printer-friendly format Bookmark this thread
This topic is archived.
Home » Discuss » General Discussion Donate to DU
Faryn Balyncd Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-21-10 12:16 PM
Response to Reply #73
79. Inflation statistics should be grounded to reality...By de-coupling inflation statistics so that



...they do not compare apples to apples, but can compare rib-eyes to hot dogs, a tool has been created that will allow any measure of destruction to be done to standard of living.

The fact is, the CPI calculations have already been rigged to underestimate inflation by the Boskin Commission in the 1990's.

Do you really believe that we have had no inflation in the last 2 years?

For those who want to really slash SS without the politically charged "cuts", using a tool such as "chained CPI" which decouples inflation indexes from actual concrete items, and which can be easily "stretched" simply by changing the requirements for when consumers have, in fact, substituted one item for another, is a tool of infinite possibilities.







Printer Friendly | Permalink |  | Top
 

Home » Discuss » General Discussion Donate to DU

Powered by DCForum+ Version 1.1 Copyright 1997-2002 DCScripts.com
Software has been extensively modified by the DU administrators


Important Notices: By participating on this discussion board, visitors agree to abide by the rules outlined on our Rules page. Messages posted on the Democratic Underground Discussion Forums are the opinions of the individuals who post them, and do not necessarily represent the opinions of Democratic Underground, LLC.

Home  |  Discussion Forums  |  Journals |  Store  |  Donate

About DU  |  Contact Us  |  Privacy Policy

Got a message for Democratic Underground? Click here to send us a message.

© 2001 - 2011 Democratic Underground, LLC