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To: cableguymn

I’m guessing that if we were using the same formulas for inflation and unemployment that were used in Jimmy Carter’s presidency, that the misery index would be comparable.

Add to it the lower wages of the middle class versus when Obama took office, and even their irrational inflation numbers says the middle class is being taken to the cleaners.

And Obama loves his idea of the “chained CPI.” IOW, if beef goes up, but chicken is cheaper, then beef can’t be part of the inflation equation. You’ve gotta go with the cheaper meat. How long ‘til it goes all the way to roadkill?


6 posted on 02/20/2014 8:19:59 AM PST by xzins ( Retired Army Chaplain and Proud of It! Those who truly support our troops pray for victory!)
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To: xzins
IOW, if beef goes up, but chicken is cheaper, then beef can’t be part of the inflation equation.

That's not the way it works.

13 posted on 02/20/2014 8:58:49 AM PST by 1rudeboy
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