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Parody of Government Statistical Manipulations

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Robert Blumen

24hgold

Published : April 04th, 2004

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Several commentators have written about how the government manipulates various index numbers to produce better-looking results. Inflation is the most indirect means of government financing; as such governments have a vested interest in making it appear to be lower than it is. The CPI now is subject to a number of "refinements": food and energy are removed, rentals not home prices measure housing, computers and high-end goods are "deflated" by a "hedonic deflator" that measure quality, prices are "seasonally adjusted", etc. The Economist magazine recently ran a hilarious parody of these adjustments.

Robert Blumen

Robert Blumen is an independent software developer based in San Francisco, California

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Robert Blumen is an independent software developer based in San Francisco, California

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