Birdwatch Note Rating
2024-02-27 00:56:16 UTC - NOT_HELPFUL
Rated by Participant: 5DA727D670BC67D1F16E93AE763ADA962CD988E2AA573D16B1C79DBD8E8287FD
Participant Details
Original Note:
This thread correctly states that the CPI data is based on a changing basket (which can potentially mask inflation). https://www.bls.gov/cpi/questions-and-answers.htm#:~:text=How%20is%20the%20CPI%20market%20basket%20determined%3F However, actual price change data did not significantly increase, so Krugman's graph is not misleading. Compare fixed good prices here (e.g. Bacon per lb): https://data.bls.gov/cgi-bin/surveymost?ap
All Note Details