@MicroWave to News • 2 years agoPay Raises Are Finally Beating Inflation After Two Years of Falling Behindwww.wsj.comexternal-linkmessage-square39arrow-up1141arrow-down14file-text
arrow-up1137arrow-down1external-linkPay Raises Are Finally Beating Inflation After Two Years of Falling Behindwww.wsj.com@MicroWave to News • 2 years agomessage-square39file-text
minus-squarePogogunnerlinkfedilink8•2 years agoThe CPI has been changed over and over to deliberately understate inflation. Hedonics and owners equivalent rent stand out particularly strongly
minus-squarePogogunnerlinkfedilink1•2 years agoRight, they did it for fun. Not to keep COLA low, or any other perverse incentive the government has.
minus-square@ericjmoreylink1•2 years agoThey published their reasons for methodology adjustments. But you’ve made up your mind regardless of the facts.
CPI does not include housing costs
The CPI has been changed over and over to deliberately understate inflation. Hedonics and owners equivalent rent stand out particularly strongly
Yet comparisons of methodologies show little difference.
Right, they did it for fun. Not to keep COLA low, or any other perverse incentive the government has.
They published their reasons for methodology adjustments. But you’ve made up your mind regardless of the facts.
CPI doesn’t include the data it includes now?