[steveab]

“excludes the prices of food and energy,”
last year I read an article that also excluded food, energy and health care from the core rate. Talk about cooking the books.

[BohDaThone]

AS long as you CONSITENTLY look at both gauges, no on is cooking the books. Sometimes in the past, overall inflation was down (deflation) because of big energy drops for a few months, and people (properly) looked at the other gauge to see that we were NOT in "spiraling deflation."

Always look at all available information -- then make your best argument.

[RipSawyer]

excludes the prices of food and energy,”
last year I read an article that also excluded food, energy and health care from the core rate. Talk about cooking the books.

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>

A few months back I posted a complaint about inflation. Someone responded to me with an article by an economist who said that there really was no increase in the cost of living! His basic reasoning was that if beef becomes too expensive people will switch to chicken and if it becomes too expensive they can switch to turkey and regarding energy, if gasoline prices rise people just drive less. Apparently some people take such idiocy to be serious commentary!