Read the Klein piece and then be sure to read the comments. The commenters actually have the better of the argument here, and it’s laid out in clear, concise, and direct rebuttal rather than “Joe Klein, you fool.” Wesley Clark looks to be in the clear on this one — it was hardly swift-boating of the sort that John Kerry faced.
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sujal
11/24/2008
Newsweek’s Daniel Gross explains the Consumer Price Index (here’s the official BLS site) in a very simple video. I could do without the goofy sound effects, but it’s a good, 2 minute explanation of how the government tracks inflation.
Per David Simon’s Berkeley talk, though, the video doesn’t go into why this matters. Perhaps they’ll cover that in the next installment of the Economics 101 series.
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