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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Does McCain support equal pay for equal work? Only if you don’t actually allow employees to sue when discrimination happens (in other words, “No”).
Update: Fixed… silly mistake.
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August 27th, 2008 at 3:11 pm
Sujal — I’m not sure your comment parses right. Otherwise, I’m just not getting what you’re saying, since you seem to be saying the opposite of the MJ conclusion. I’m confused.
August 27th, 2008 at 3:14 pm
yeah, you’re right… hrm. - fixed