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He's right, defending the CPI calculation is almost criminal. Many people on fixed incomes that are adjusted based on the CPI are negatively affected. This bogu
by bingbong70 6y ago
He's right, defending the CPI calculation is almost criminal. Many people on fixed incomes that are adjusted based on the CPI are negatively affected. This bogus formula will be conveniently altered to stay under 2% if inflation creeps into the basket of goods being calculated.
- gruez 6y ago>He's right Perhaps, but the right way to approach this is to point out the factual errors, rather than making thinly veiled insinuations that his opponent is a shill for the BLS or whatever. >defending the CPI calculation is almost criminal Ah yes, because the only possible explanation for why people don't hold the same beliefs as you is because they're acting with malice. For this and the previous point I refer you to the site guidelines: https://news.ycombinator.com/newsguidelines.html https://news.ycombinator.com/newsguidelines.html, namely: Please don't post insinuations about astroturfing, shilling, brigading, foreign agents and the like. It degrades discussion and is usually mistaken. Assume good faith. >Many people on fixed incomes that are adjusted based on the CPI are negatively affected. This bogus formula will be conveniently altered to stay under 2% if inflation creeps into the basket of goods being calculated. All this does is provide a motive for why CPI might be wrong, but stops short of providing evidence or counter-arguments.
- CyberRabbi 6y ago> making thinly veiled insinuations that his opponent is a shill for the BLS or whatever. That was definitely not what I was doing at all. If I am giving off that impression then that’s my mistake but this is purely a curiosity. > Please don't post insinuations about astroturfing, shilling, brigading, foreign agents and the like. It degrades discussion and is usually mistaken. > Assume good faith. Please do me the same courtesy friend. This is out of a genuine curiosity for knowledge.