New economy, one way or the other

[Enrique Diaz-Alvarez]

Cool! There's no inflation! And if anything goes up then we call it a
"sharp movement" and it doesn't count.

http://nypostonline.com/business/25545.htm

Doug, are things really *this* bad at the BLS? This Crudele guy tends to
exaggerate;is it true that without those "ex-anything that goes up"
adjustments inflation would have been an annualized 12% last month?

--
Enrique Diaz-Alvarez            Office # (607) 255 5034
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