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To: bruinbirdman
Actually, the problem is in the Bureau of Labor Statistics’ “Consumer Price Index - Urban”. This “CPI” we all (are supposed to) use as an index of inflation is very intentionally political.

As a general rule, for instance, food and fuel prices are not included in the inflation rate. To do so would require increasing interest rates as oil and gasoline prices increase.

BLS hompepage, accurate stuff:

BLS reporting on controversial CPI "adjustments":

A standard version of "the CPI (amongst other government indexes) are fiction."

And, yeah, illegal immigrants keep inflation down. Why do you think "everybody" works in an office?

4 posted on 07/14/2007 11:39:23 AM PDT by Iris7 ("Do not live lies!" ...Aleksandr Solzhenitsyn)
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To: Iris7

In one analysis of the good labor statistics the reviewer acknowledge that falling employment of illegal aliens in the construction industry was not reported, but was a significant factor.
The goberment is trying to minimize the stated impact of illegals on our economy..underground and otherwise.
It is time for us to take power back.


5 posted on 07/14/2007 11:52:27 AM PDT by Oldexpat
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To: Iris7
"food and fuel prices are not included in the inflation rate"

But for those of us who don't eat or drive/need heat or lighting....Things ARE GREAT! /sarc....LOL..

9 posted on 07/14/2007 12:12:07 PM PDT by litehaus (A memory tooooo long)
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To: Iris7
A standard version of "the CPI (amongst other government indexes) are fiction."

Shadow Stats? That guy is funny!

55 posted on 07/19/2007 10:22:34 AM PDT by Toddsterpatriot (Why are protectionists, FairTaxers and goldbugs so bad at math?)
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