Don't know about you guys, but we keep all our receipts. One year ago, we were paying 25% less on groceries. When Obama took office gasoline was $1.70/gallon, today it is over $3.
If they used 1980 methods to account for inflation, we have about a 12% inflation rate and 10% unemployment.
Current methods include the price of a new home, but no the price of groceries or gasoline. They say they are "too volitile" and "subject to seasonal changes". I say it is BS, because everyone has to have food and fuel to function in this society.
Of course it's BS. If they actually measured real price inflation, they'd have to pay out significantly more in benefits, which they will have to print up, thus triggering hyperinflation.
