It is accounted for in Cost of Living. This is one of the areas that I was talking about. You would have to separate the fuel sold for delivering goods from the fuel sold for driving to work, etc. Hence the Cost of Living reports being separate from the Inflation rate. In order to be consistent they report it the same way that they have in the past. It isn't sneaky, it is the same way they have done it for many many decades in order to keep it sane they continue.I can understand what you are saying Damo for the prices of goods rising with the hikes in transporting their goods.
But Gasoline is also used by near every working person out there, ON ITS OWN...THIS should be included in inflation prices.
they are leaving out what it COSTS US to drive and to heat our homes by doing it the way they do, RIGHT?
Where do gas prices that we pay to drive get calculated in to inflation?
That too is in the Cost of Living reports. It is the reason they are separate.Umm, I don't think they currently do Care and I think food might be left out as well.
Once again, it is accounted for at the beginning. The Prince Index falls because the delivery is cheaper, the cost of manufacture is cheaper because Direct Energy Costs have lowered as well. The price of gas has an effect on the CPI, as I have explained repeatedly in this thread. It is the reason that it is not also directly accounted for as it would exaggerate the effect.I just read today where falling gas prices were pushing the CPI down. funny when gas prices were going up they seemed to be stated excluding energy and food prices....
And I think you deliberately miss the point about why it is the way it is because it fits into your argument better if you can pretend that some conglomeration of big baddies is out to trick you.I think you missed the point I was trying to make in this thread about the manipulation and spin placed on these statistics.....
You are upset because they don't include gas prices, then when it says that the gas prices effet it you think it is because they included it at the backend. That is where you messed this one. The gas prices always effect the CPI in the same way because they are accounted for as Direct Energy Costs at the front end. The cost of items is relative to the cost of the delivery and manufacture of the item. Thus it is always accounted for.I just want the facts not spin Damo.
If I see a headline that says the CPI is up 2.5% then I want it to be figured the same way every time, not have to read down and find that this excludes energy and food. and then the next time they have included energy but not food, etc...
No, you miss the point.Sigh you still miss the point of how the CPI is reported irregularly depending on the political spin that is desired at the time.
Oh well
You miss the point again, there is no "just the facts" reporters spin their stories in their choice of words.Pretending that the newpapers that put out articles about the report never would have a spin to their stories is simply disingenuous.
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I am not pretending that at all, So no disengenuity here. I was just stating that I don't like it and just prefer the just the facts.
Because other forms of media have taken their place. People get information from far more than these places nowadays. Thankfully, we have far more choices. Instantly we access the BBC, Al Arabiya, blogspots, etc. We have far more access to more direct information than ever before. Therefore media outlets do not make quite as much as they did before, they consolidate just like any other companies...So why are we down to 7 (i think) major media sources in the USA now Damo ?