CPI number due at 8:30 this morning
- Thread starter HJCane
- Start date
Sadly, under Obama a lot of government indexes were changed to spin that Obamanomics was not as bad as it actually was. I had hoped that Trump would change them back to the previously truthful levels, but he did not. Biden of course has done nothing. I have read that the Biden admin has made some "tweaks" to try to further hide the truth. The sad big picture is that the Federal government is no longer truthful with its citizens.
All of them. Barry was right when he stated this about his former VP, " Don't underestimate Joe's ability to f*** things up." Who would know better about Pudding Brain than the man that shared the White House with him for 8 years?
Why Is the Consumer Price Index Controversial?
The Consumer Price Index is a widely quoted measure of inflation in the United States, but the methodology used to calculate it generates controversy among economists.
I'm mentioning it as a fact. You have no idea what I care about or don't care about, like your opinion.
Yes Cems, Trump continued to use the same bullshit way of calculating the numbers that Obama had changed to. For example the entire concept of how unemployment is calculated. Obama and his ridiculous team of lackeys came up with "they are not unemployed, they just left the workplace". Maybe they were beamed up by aliens? Team Obama also changed a lot of the CPI and inflation indexes to not take into account the true mix of what working people buy. Gee, the price of gas and bread is up but the cost of of a Tesla (after government subsidies) dropped below $250,000. Is that great for the average working person?
But I don't cut Trump any slack on this either. He could have shown big brass ones and said "He was changing the indexes back to the truth". But he didn't because he cared more about running his mouth and self promoting how much better his numbers were than Obama's. Which they were, but they remained misleading.
Now team Biden has taken the false numbers to a previously unparalleled lie level. We are in early stages of a Venezuela. But that is what happens when a government attempts to take capitalism that works and transform it into a socialist utopia.
Trump numbers were better than Obama's but you still think the numbers are bullshzt. Come again?
As a card carrying member of the Republican party you are who you are. A person who hates the poor. Period!!
Show me your calculations of how you arrived at 15%. Read before responding to my posts. SmfhWhy Is the Consumer Price Index Controversial?
The Consumer Price Index is a widely quoted measure of inflation in the United States, but the methodology used to calculate it generates controversy among economists.www.investopedia.com
I heard from an economist on the radio. I was passing and didn't get his name.
You do understand the concept of moving the goal posts, right? Governments are great at this...both sides...D & R. We, the citizens get played for fools.
I have friends from Venezuala. They told me they saw this movie down there. Free shit parlor tricks don't work forever!
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You have a short wait as I've already said that all of his policies are garbage that will leave mountainous debt for generations to come. What do you think about Barry's thoughts on Pudding Brain screwing up everything he touches?
2 plus 2 will never truly equal 3. No matter how much you, CRT, AOC or other wokey dokey's want to say so. Little Baraki the Iraqi created the equation, Trump just took Baraki's BS equation and because things were truly better, said they equaled 5. Shame on Trump for not having the balls to tell the truth. He was just happy to create a better economy that an economic dunce named Obama. Biden makes Obama look like a genius - which is very scary.
Trump was the best president when compared to Daddy Bush, Clinton, lil Georgie, Baraki and Senile Poopy pants. Which is kind of like being the tallest midget. Amazing what a great country that Reagan and a bunch of guys that are having their statues torn down built; that we are still standing. I hope and pray for sanity in 2022 and 2024.
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Presidents don't change how indexes are calculated. You people are dumb , real dumb.
HJ,
The president's administrations do. And if you don't think a presidents politics influence the bureaucrats, I have some Arizona oceanfront property,,,,,
from page one of a google search
https://www.investopedia.com/articles/07/consumerpriceindex.asp
The Obama administration absolutely "updated the calculations" of many federal indexes.
