How Government Should Cheat on the CPI

It's bad enough that the government measures inflation as "core inflation" excluding energy and food, as though we aren't buying those things. But now members of both parties want to save money by switching to another measure of inflation that substitutes the favorite things you buy for inferior products you don't want - because if you switch from steak to hamburger, then the new hamburger at the old price of the steak means NO INFLATION. Your life style may plummet, and your health may

Read more ...