JUST IN: Bureau of Labor Statistics postpones key inflation data report

[Bluetus]

9. Well, it ain't 2% or 3%

Last edited Sat Sep 20, 2025, 10:28 AM - Edit history (1)

EVERYTHING I buy is up at least 25% from where it was a year ago. (Gasoline is not, but I drive and EV and I only buy a few gallons of gas a year for a lawn mower and pressure washer.)

The inflation reports have always been a farce. They have to be because a true reporting of inflation would be devastating to the Federal budget when you consider what that would do to Social Security payments and everything else that is pegged to the CPI. So a long time ago, they solved that problem by deciding to report inflation as a "market basket" of a few carefully selected items, most of which are either directly or indirectly price-controlled, usually through the Agriculture programs.

People know what they have to pay to go to a restaurant, to buy school supplies, to buy clothes, to buy a car, to pay for insurance on their car or house, and so on. None of that stuff is in the "market basket".