Oh, okay, so you’re just talking out of your ass. You’re thinking of the Core CPI, but there are others, just as valid, that take it into account and which are used in things like legislation. It is because they’re too volatile, and you want Core CPI to give a more stable understanding of which direction the economy is generally moving. Such a crazy, whacky idea to have multiple metrics that take into account different factors; fucking bonkers, honestly. What will those filthy, mustache-twirling government economists think of next?
And by the way: 3.8% does include all items. 3.8% is not the Core CPI you have sand in your groin over; it’s the CPI-U.
Maybe you can make fun of the “respected economist” when you’re ready to present a macroecon 101-level or higher understanding of CPI and get your facts straight about the article I’m sure you actually read.
Fuck off with the Heritage Foundation bullshit. Maybe having multiple metrics for slicing the same underlying pool of data could be useful, but then dumbasses with PhDs get lost in their little numbers and do stupid shit like “Hey, if we used core CPI for cost of living adjustments in benefits programs that’d save the government a bunch of money,” forgetting that poor people actually have to buy food and energy because they don’t give a shit because they’re bad people.
Maybe when our governments stop using “expert” economist advice to fuck over poor people and give taxpayer money hand over fist to wealthy scumbags I would be open to some more abstracted metrics and have a bit of trust in the eggheads, but since I’ve spent my entire adult life watching highly educated fucking idiots do the exact opposite fuck it, core CPI is a scam.
I mean, I’m never going to admit it to you because I ragebaited myself at the beginning of this and now you’re putting an unseemly amount of effort into defending evil shitheads, but I hope I’d add an edit to my first comment in an effort to promote factual accuracy in the community generally
Oh, okay, so you’re just talking out of your ass. You’re thinking of the Core CPI, but there are others, just as valid, that take it into account and which are used in things like legislation. It is because they’re too volatile, and you want Core CPI to give a more stable understanding of which direction the economy is generally moving. Such a crazy, whacky idea to have multiple metrics that take into account different factors; fucking bonkers, honestly. What will those filthy, mustache-twirling government economists think of next?
And by the way: 3.8% does include all items. 3.8% is not the Core CPI you have sand in your groin over; it’s the CPI-U.
Maybe you can make fun of the “respected economist” when you’re ready to present a macroecon 101-level or higher understanding of CPI and get your facts straight about the article I’m sure you actually read.
Edit: Here’s the press release, for context. Less food and energy is 2.8%.
Edit 2: Zero acknowledgement they’re objectively wrong about food and energy not being included in the 3.8%. Very cool, Lemmy.
Fuck off with the Heritage Foundation bullshit. Maybe having multiple metrics for slicing the same underlying pool of data could be useful, but then dumbasses with PhDs get lost in their little numbers and do stupid shit like “Hey, if we used core CPI for cost of living adjustments in benefits programs that’d save the government a bunch of money,” forgetting that poor people actually have to buy food and energy because they don’t give a shit because they’re bad people.
Maybe when our governments stop using “expert” economist advice to fuck over poor people and give taxpayer money hand over fist to wealthy scumbags I would be open to some more abstracted metrics and have a bit of trust in the eggheads, but since I’ve spent my entire adult life watching highly educated fucking idiots do the exact opposite fuck it, core CPI is a scam.
Oh, okay, so you’re not even going to acknowledge you had no idea what you were talking aboutand claimed the 3.8% didn’t include food and energy.
Cool.
I mean, I’m never going to admit it to you because I ragebaited myself at the beginning of this and now you’re putting an unseemly amount of effort into defending evil shitheads, but I hope I’d add an edit to my first comment in an effort to promote factual accuracy in the community generally