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View Diary: The “Chained CPI” Cut – “If You Can’t Dazzle Them With Brilliance . . .” (262 comments)

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  •  There is a difference between (1+ / 0-)
    Recommended by:

    1.  Whether using the chained CPI is good or bad
    2.  Whether the current CPI understates inflation by 7%

    My comment has nothing at all to do with 1.

    As to 2., which is what my comment is addressed to, the claim that inflation has been drastically understated since 1980 is, as I explained, ludicrous and it makes the Congressman look foolish to be citing it as fact.

    "Well, I'm sure I'd feel much worse if I weren't under such heavy sedation..."--David St. Hubbins

    by Old Left Good Left on Thu Dec 20, 2012 at 03:34:09 PM PST

    [ Parent ]

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