Ron Paul Lies Again
Posted: Wed Jun 05, 2013 7:01 am
"Americans are struggling with soaring food and energy prices that the federal government conveniently chooses to ignore in its measure of inflation in order to hide the true effects of its policies from the American people." - Ron Paul
Lie #1: the federal govt ignores food and energy prices when calculating inflation.
The headline inflation number reported every month includes food and energy. The labor department also reports "core inflation" which excludes food and energy.
Lie #2: Food and energy prices are soaring.
Core inflation which excludes food and energy is higher than headline inflation. Once you include food and energy, you have a lower, not higher, rate of inflation.
Headline Inflation:

Core Inflation

Annual Core is Higher than Annual Headline

Ron Paul is a Liar

Lie #1: the federal govt ignores food and energy prices when calculating inflation.
The headline inflation number reported every month includes food and energy. The labor department also reports "core inflation" which excludes food and energy.
Lie #2: Food and energy prices are soaring.
Core inflation which excludes food and energy is higher than headline inflation. Once you include food and energy, you have a lower, not higher, rate of inflation.
Headline Inflation:

Core Inflation

Annual Core is Higher than Annual Headline

Ron Paul is a Liar
