What a tool. I don’t understand how 40% of the country still wants to vote for this guy. He’s transparently trying to turn a crisis into a political winner while Obama is staying out of the way. Bringing the campaigns into this last week was a mistake. Injecting politics into a situation that requires more than the usual amount of serious policy discussion isn’t a good idea.
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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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