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Reported Record Price Drop in CPI is Extremely Misleading
EconomicsBriefing.com ^

Posted on 12/15/2005 7:15:45 AM PST by toaster

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1 posted on 12/15/2005 7:15:46 AM PST by toaster
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To: toaster
Please don't change titles.

Should be: "Reported Record Price Drop in CPI is Extremely Misleading"

2 posted on 12/15/2005 7:17:18 AM PST by atomicpossum (Replies should be as pedantic as possible. I love that so much.)
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To: toaster
Yeah, but if you exclude food and energy, prices were up 0.2%.
3 posted on 12/15/2005 7:17:59 AM PST by Toddsterpatriot (The Federal Reserve did not kill JFK. Greenspan was not on the grassy knoll.)
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To: atomicpossum

Democrats are saddened.


4 posted on 12/15/2005 7:20:46 AM PST by SoFloFreeper
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To: Toddsterpatriot

Either way it is Bush's fault.


5 posted on 12/15/2005 7:21:38 AM PST by EQAndyBuzz (Liberal Talking Point - Bush = Hitler ... Republican Talking Point - Let the Liberals Talk)
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To: Toddsterpatriot
Yeah, but if you exclude food and energy, prices were up 0.2%.

So that stat is meaningful to everyone who doesn't buy food or energy. :)

6 posted on 12/15/2005 7:21:59 AM PST by SoFloFreeper
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To: SoFloFreeper

Women and minorities suffer most.


7 posted on 12/15/2005 7:22:26 AM PST by muawiyah (u)
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To: atomicpossum
The title should be "Whiny guy on the Internet doesn't like good news".
8 posted on 12/15/2005 7:22:27 AM PST by Toddsterpatriot (The Federal Reserve did not kill JFK. Greenspan was not on the grassy knoll.)
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To: toaster

Related....

http://exposingtheleft.blogspot.com/2005/12/have-we-reached-end-of-rate-hikes_15.html


9 posted on 12/15/2005 7:23:24 AM PST by traderrob6
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To: toaster

We've got the strongest econony in 50 years. One based not on a dot-com bubble, but on free enterprize. We need more of what revived the nation from the clinton recession. We need bigger tax cuts, or more aptly called revenue generators, to reduce the deficit and spur on upward social mobility.


10 posted on 12/15/2005 7:23:57 AM PST by jimfrommaine
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To: atomicpossum

Can you believe it?! I checked and your title is the correct one. Damn MSM -- no good news at any time.


11 posted on 12/15/2005 7:23:59 AM PST by CedarDave
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To: SoFloFreeper
So that stat is meaningful to everyone who doesn't buy food or energy. :)

I just like making fun of people who focus on the core rate as some sort of government conspiracy. Despite the fact that the non-core rate is also published. Some conspiracy when the hidden info is in the same article.

12 posted on 12/15/2005 7:24:46 AM PST by Toddsterpatriot (The Federal Reserve did not kill JFK. Greenspan was not on the grassy knoll.)
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To: toaster

Please do not alter titles.


13 posted on 12/15/2005 7:25:05 AM PST by Admin Moderator
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To: CedarDave
Title as originally posted:

"Prices Show Biggest Decline Since 1949"

14 posted on 12/15/2005 7:25:58 AM PST by CedarDave
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To: Toddsterpatriot
Yeah, but if you exclude food and energy, prices were up 0.2%.

You only include food and energy if it tends to make it look worse for the President.

15 posted on 12/15/2005 7:58:50 AM PST by Mike Darancette (Mesocons for Rice '08)
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To: Toddsterpatriot

Not a single TV station in SF/SJ reported it correctly today. "Biggest CPI drop in 40 years!" But they have never failed to exclude a rise in "volatile food and energy prices" when it helps to lower a raw CPI rise.


16 posted on 12/15/2005 8:02:48 AM PST by jiggyboy (Ten percent of poll respondents are either lying or insane)
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To: Mike Darancette
...and shoes. It looks even worse if you remove shoes from the equation. And bannanas, if you take them out, it starts to look even worse. So don't let that guy in the WH mislead you.

I loved the comments on that site. LOL!!

17 posted on 12/15/2005 8:08:07 AM PST by NeonKnight (Republican Death Machine)
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To: Toddsterpatriot
Yeah, but if you exclude food and energy, prices were up 0.2%.

Silly! Don't you know that those things are only excluded when they are going up but when they are going down they are included? Otherwise the peasants might not get a warm fuzzy.

18 posted on 12/15/2005 8:25:20 AM PST by jackbenimble
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To: SoFloFreeper

>So that stat is meaningful to everyone who doesn't buy food or energy. :)<

The point is the large 1 month drop in energy prices gives the false impression prices aren't trending up at a rate we havent seen in this country for 15 years.Other sectors increased at a 2.4% annual rate for Nov.
In Dec. fuel prices will be back up 16% for month and prices in other sectors will continue to increase into Jan.


19 posted on 12/15/2005 8:38:54 AM PST by Blessed
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To: jackbenimble
Silly! Don't you know that those things are only excluded when they are going up but when they are going down they are included? Otherwise the peasants might not get a warm fuzzy.

Silly, don't you know both numbers are reported but the whiners only look at the higher (worse) number? Some people are never happy.

20 posted on 12/15/2005 11:33:07 AM PST by Toddsterpatriot (The Federal Reserve did not kill JFK. Greenspan was not on the grassy knoll.)
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