Exactly.
Anyone who shops knows prices are increasing much more than 1.7%. I know I’m paying about 50% more for groceries since 2008.
” I know I’m paying about 50% more for groceries since 2008.”
Go read what the government claims it does for inflationary indexes. It is laughable. They claim such things as grocery store products save money such as Safeway carrots at $0.69 is deflation because it is a new product and before you had to buy Del Monte at $1.09. Maybe you don’t like the inferior product the Safeway brand represents and want to continue buying the Del Monte brand, but it went from $79 to $1.09. Tough. There is no inflation in their liberal minds.
They include such things as televisions, as though every year we buy new ones, or that consumer electronics is all that much of your annual spending. I am an engineer and geek and buy electronics but I still don’t but more than $1,000 a year at best.
They include price of cars as a value and not cost. So they claim a $35,000 that was $27,000 is of better value, assign it a relative index, then claim $35,000 is deflation due to it being a better car.
I could go on and on about their schemes but they do not compare apples to apples, but apples to applesauce.