Re: super-profits

[Doug Henwood <dhenwood@xxxxxxxxx>]

Jurriaan Bendien wrote:

> As regards the CPI, it might well be a good synthetic indicator of
> price inflation, but not necessarily an accurate gauge of the real
> change in prices for goods and services which workingclass people
> buy with their salaries. The reason is that the goods and services
> included in the regimen, and the weightings attached, may not
> reflect a modal workingclass lifestyle, but rather an "average"
> household expenditure.

The BLS also publishes a CPI-W, for "urban wage earners and clerical
workers," that's little different from the CPI-U ("all urban
consumers").

Doug