4 ms·
> Right, but normalizing to the price of bread and milk is even more ridiculous than normalizing to the federal budget, which is not excellent for this purpose,
by h3throw 7y ago
> Right, but normalizing to the price of bread and milk is even more ridiculous than normalizing to the federal budget, which is not excellent for this purpose, as you point out.
The CPI is composed of much more than that: https://www.bls.gov/cpi/tables/relative-importance/2016.pdf https://www.bls.gov/cpi/tables/relative-importance/2016.pdf