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> create clear objective measures that cannot be gamed There is no perfect world where nothing can be gamed. We have a respected institution in the BLS and set
by cheriot 5y ago
> create clear objective measures that cannot be gamed
There is no perfect world where nothing can be gamed. We have a respected institution in the BLS and setting an impossible bar only promotes misinformation by discrediting what's credible.
> the agencies are selected by politicians
This is why there are specific roles for political appointees and others for career civil servants.
In this specific case, we're talking about the usual noise of someone not understanding the point of core inflation, not knowing that there are other measures of inflation, and jumping to a conclusion that the numbers must be bogus. Regardless of what you think about inflation numbers, the reasoning was bad.