CPI Omissions Add to Widespread Economic Unease

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  • Details

    Name
    Category
    URL
    Markup
    Lie Truth

     
    Accusation
  • Verdicts

    Answer: Yes
    Answer Confidence: 65 %
    Supporting Text:
    A metric that excludes basic necessities like food and fuel is not reflective of everyday reality.

    Answer: Yes
    Answer Confidence: 90 %
    Supporting Text:
    Yes, undoubtedly, it is far from perfect, even when food and energy are removed and reported seperately.

    Answer: Yes
    Answer Confidence: 65 %
    Supporting Text:
    A metric that excludes basic necessities like food and fuel is not reflective of everyday reality.

    Answer: Yes
    Answer Confidence: 75 %
    Supporting Text:
    A metric that excludes basic necessities like food and fuel is not reflective of everyday reality.

    Answer: Yes
    Answer Confidence: 60 %
    Supporting Text:
    We are told the economy is doing fine, but the metrics used to measure it exclude key items. This adds to distrust of 'official' statements.

    Answer: Yes
    Answer Confidence: 60 %
    Supporting Text:
    Not entirely. To say that something is far from perfect, one might be expected to have in mind some possible ideal index (or some set of rival ideal indices) and some metric to measure the distance of the CpI from those. I don’t believe that anyone has a theoretical, let alone practical, notion of what collective consumer utility functions or perceived quality of goods and services are.

    Answer: Yes
    Answer Confidence: 60 %
    Supporting Text:
    We are told the economy is doing fine, but the metrics used to measure it exclude key items. This adds to distrust of 'official' statements.

    Answer: No
    Answer Confidence: 70 %
    Supporting Text:
    A metric that excludes essential consumables cannot accurately reflect the inflation that people are actually experiencing.

    Answer: Yes
    Answer Confidence: 70 %
    Supporting Text:
    In an age when very advanced computations are the norm, why can't we come up with better economic metrics? People are feeling that the CPI and other indices are being manipulated for political and economic gain or some other reason.

    Answer: Yes
    Answer Confidence: 55 %
    Supporting Text:
    Its clearly flawed, but attempts to improve it, like the cost of living index, are only slightly better.

    Answer: Yes
    Answer Confidence: 90 %
    Supporting Text:
    In an age when very advanced computations are the norm, why can't we come up with better economic metrics? People are feeling that the CPI and other indices are being manipulated for political and economic gain or some other reason.

    Answer: No
    Answer Confidence: 80 %
    Supporting Text:
    In an age when very advanced computations are the norm, why can't we come up with better economic metrics? People are feeling that the CPI and other indices are being manipulated for political and economic gain or some other reason.

    Answer:
    The deceit is that the CPI gives an accurate indication of inflation.
    Answer Confidence: 90 %
    Supporting Text:
    Our everyday experiences run counter to what the CPI tells us.

    Answer:
    The deceit is that the CPI gives an accurate indication of inflation.
    Answer Confidence: 90 %
    Supporting Text:
    Our everyday experiences run counter to what the CPI tells us.

    Answer:
    The deceit is that the CPI gives an accurate indication of inflation.
    Answer Confidence: 90 %
    Supporting Text:
    Our everyday experiences run counter to what the CPI tells us.

    Answer:
    The deceit is that the CPI gives an accurate indication of inflation.
    Answer Confidence: 90 %
    Supporting Text:
    Our everyday experiences run counter to what the CPI tells us.

    Answer: Yes
    Answer Confidence: 65 %
    Supporting Text:
    Until price increases to important items are taken into account, the CPI will remain very flawed.

    Answer: Yes
    Answer Confidence: 90 %
    Supporting Text:
    Its a well-founded criticism.

    Answer: Yes
    Answer Confidence: 65 %
    Supporting Text:
    Until price increases to important items are taken into account, the CPI will remain very flawed. The suggestion is that people should have a specific way they can see the inflation for themselves and know this is going into the larger measures.

    Answer: Yes
    Answer Confidence: 70 %
    Supporting Text:
    The deceit is intentional but not necessarily malicious. Bureaucrats seeking some measure for operational purposes that was not too volatile likely settled on the CPI in lieu of having no metric at all

    Answer:
    The motivation is very complex.
    Answer Confidence: 90 %
    Supporting Text:
    From limiting increases to Social Security payments to favoring certain industries, to advancing political agenda, indices like the CPI do not always reflect what they say they do.

    Answer:
    The motivation is very complex.
    Answer Confidence: 90 %
    Supporting Text:
    From limiting increases to Social Security payments to favoring certain industries, to advancing political agenda, indices like the CPI do not always reflect what they say they do.

    Answer:
    The motivation is very complex.
    Answer Confidence: 90 %
    Supporting Text:
    From limiting increases to Social Security payments to favoring certain industries, to advancing political agenda, indices like the CPI do not always reflect what they say they do.

    Answer:
    The motivation is very complex.
    Answer Confidence: 90 %
    Supporting Text:
    The CPI emerged at time when it was impossible to have real time inflation metrics but I think has persisted because it conveniently obfuscates inconvenient truths.

    Answer: Acceptable
    Answer Confidence: 90 %
    Supporting Text:
    It's acceptable for people to understand what these indices are actually measuring.

    Answer: Acceptable
    Answer Confidence: 90 %
    Supporting Text:
    It's acceptable for people to understand what these indices are actually measuring.

    Answer: Unacceptable
    Answer Confidence: 40 %
    Supporting Text:
    It is unacceptable not to have a way to get a personal review of the CPI for your family.

    Answer: Don't Know
    Answer Confidence: 95 %
    Supporting Text:
    Seems to be an unnecessary dumbing down of an important social/ civil metric

    Answer:
    Learn more about what the CPI actually measures, and how.
    Answer Confidence: 90 %
    Supporting Text:
    It doesn't measure what we are led to believe it does.

    Answer:
    Learn more about what the CPI actually measures, and how.
    Answer Confidence: 90 %
    Supporting Text:
    It doesn't measure what we are led to believe it does.

    Answer:
    Learn more about what the CPI actually measures, and how.
    Answer Confidence: 90 %
    Supporting Text:
    It doesn't measure what we are led to believe it does.

    Answer:
    Learn more about what the CPI actually measures, and how.
    Answer Confidence: 90 %
    Supporting Text:
    It doesn't measure what we are led to believe it does.