Reply #7: Ask the guys at the BLS .. [View All]

[Wiregrass Willie]

That's the Bureau of Labor Statistics. They are the ones who announce every month that the inflation rate is *only* about 1.5% to 2% annually. What in the world do they check on their little "list"?
I figure my wife and I have been experiencing an inflation rate of about 6% to 8% annually for the past several years.

Hell, I went to the barbershop today and the cost had gone up 25%. Last year he raised prices 20%. I suppose the people at the BLS only check the price on fat back and dried beans. I like it when they say they omit stuff that is highly volatile. Like food, housing, energy and transportation. That stuff isn't all that volatile. "Volatile" implies the price goes up and down. When was the last time your grocery bill went down ?

We need to remove the "L" form BLS and then we would understand what those people really are.