“How much of that is apples and oranges? Somewhere in that history the government took commodity prices like food and fuel out of the calculations.”
http://www.economicpolicyjournal.com/2011/06/shadow-stats-price-inflation-at-112.html
Shadow Government Stats, which calculates the CPI the way it was calculated by the government in 1990, has annualized CPI at 11.2% versus the current BLS number of 3.6%.
http://www.economicpolicyjournal.com/2011/06/shadow-stats-price-inflation-at-112.html
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wow!!!
Obama makes Carter look great...