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To: FromLori
One of the biggest canards ever to be foisted on the American people is the notion that removing food and energy from the price indexes provides a clearer picture of inflation.

For years, I've been telling people to look at the inflation figure that includes food and energy, if they think it's that important. I've never understood why people cannot walk and chew gum at the same time.

4 posted on 02/12/2011 7:28:59 AM PST by 1rudeboy
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To: 1rudeboy
I've never understood why people cannot walk and chew gum at the same time.

Now don't insult Lori like that, you'll make her cry.

9 posted on 02/12/2011 8:11:06 AM PST by Toddsterpatriot (Math is hard. Harder if you're stupid.)
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To: 1rudeboy
Pretty unbelievable, isn't it? You can find CPI numbers that include energy and food, that only exclude food, that only exclude energy, that exclude both food and energy and so on. For whatever reason, some people choose to ignore this information.

These same people would never be able to grasp the fact that removing the most volatile components of the CPI offers a better understanding of the underlying trends. That's why they do it.

21 posted on 02/12/2011 8:44:07 AM PST by Mase (Save me from the people who would save me from myself!)
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