Yes you have done some research, but the CPI has been modified many times in the last 20 years, usually to lower the count. AND yes, its very convenient for GOV for the number to be low. I’m asked PS several times to tone done her rhertoric, but this time her tone is too mellow for me!! And I am not a wacko, am a subscriber to WSJ, Barrons, Businessweek, Newsweek, etc.
(Barry Ritholtz’s great blog. He is just spot on, has one of the BEST economic blogs in the country. And he’s a big Steely Dan fan. Anyone who likes Steely Dan is a genius in my book)
to see why we are so ANGRY. Not only is the CPI adjusted every so often to reduce the number, now economists, stock ANALysts want to completely ignore it!!!
