Re: CPI and all that

[Doug Henwood <dhenwood@xxxxxxxxx>]

enilsson@xxxxxxxxx wrote:

> For what it is worth, the work of the "Boskin Commission" was amazingly shoddy
> on almost all counts. I don't think anyone of those on the committee really
> know what the CPI is.

By the way, something like 20 or 30 economists testified before the
Congressional panel that picked the members of the Boskin Commission.
The six that were chosen were among the seven with the highest
estimates of CPI overstatement; the seventh was a Canadian, and
therefore presumably ineligble.

Doug