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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Why is she doing this? It’s sort of odd that she’s going. She’s not First Lady, and she doesn’t have any particular expertise or demonstrated interest in the area. So, who’s she meeting with? What’s she going to say? It’s an odd choice…
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August 27th, 2008 at 3:20 pm
Actually, this one fits in pretty well with her charitable work. And you may want to look again at the ads being run on the site — currently running above the comment box is an ad for John McCain for President.
August 27th, 2008 at 3:47 pm
That’s why I asked the question, thanks.