Posted By: Michael C @ 08/14/2008 5:08:49 PM
Thank you Bob L.! I believe you will discover that not only Inflation Measures, but Unemployment and various Money Measures have gone through similar "improvements". I discovered this last year when I had to do projections based on constand dollars from historical dates. The changes are substantial enough that the US Government published metrics are useless in historical comparisons. I tried to bring this up to a MSN Business Editor as an important area for public education. I was shot down with the statement that they "report the published news" and if people are to interpret the news, they must do their own research.


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