Comment Re:Simsalabim, Election year layoffs are imaginary (Score 1) 55
Let me let Mish [mishtalk.com] explain it to you: "On Friday, February 10, the BLS quietly revised the CPI higher for four of the past five months, with one month unchanged." Feel free to read those graphs provided
OK, I did read that graph, and it looks like the numbers were revised downwards in 9 of the previous 24 months with 4 months essentially unchanged. Doesn't seem like they are "fudging" the numbers to underestimate inflation, but more like they are following up early numbers with more accurate numbers based on more data, like they should do to provide the best estimates possible.