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<p>[QUOTE="mikem2000, post: 2301134, member: 30574"]No the point is the volatility screws up the short term numbers, but in the long run it DOES average out. It is not done to make the numbers look good. It is done to make the numbers more meaningful. Since you metioned gas which is extremely volatile, do the math. Simply look at the price per gallon in 1965 or so, take the price now, and figure out the inflation. You will find it closely follows the Gov numbers. I know, I have done it.</p><p> </p><p>There are just too many huge bumps to include it in the numbers. I mean one year we will be at 12% infaltion then the next year will show 15% DEFLATION. That is not helpful or meaningful. Now of course you would rather argue the point that the Gov lies, then actually checking it out for yourself and discovering the truth, but that is your right.</p><p> </p><p>As far as unemployment. These numbers are extremely difficult to measure and can only be used as a guide as to whether unemploymnet is getting better or worse. I would not get hung up on the numbers and that we are exactly at 5% unemployment or not. The numbers are been showing a significant improvent in the folks bringing home a paycheck and that reflects the current what we are seeing in the job market.[/QUOTE]</p><p><br /></p>
[QUOTE="mikem2000, post: 2301134, member: 30574"]No the point is the volatility screws up the short term numbers, but in the long run it DOES average out. It is not done to make the numbers look good. It is done to make the numbers more meaningful. Since you metioned gas which is extremely volatile, do the math. Simply look at the price per gallon in 1965 or so, take the price now, and figure out the inflation. You will find it closely follows the Gov numbers. I know, I have done it. There are just too many huge bumps to include it in the numbers. I mean one year we will be at 12% infaltion then the next year will show 15% DEFLATION. That is not helpful or meaningful. Now of course you would rather argue the point that the Gov lies, then actually checking it out for yourself and discovering the truth, but that is your right. As far as unemployment. These numbers are extremely difficult to measure and can only be used as a guide as to whether unemploymnet is getting better or worse. I would not get hung up on the numbers and that we are exactly at 5% unemployment or not. The numbers are been showing a significant improvent in the folks bringing home a paycheck and that reflects the current what we are seeing in the job market.[/QUOTE]
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