Agreed! Corporate taxes are a cost on a business. Most(there are others but the one’s I mention will be that which are most effected) of these govt induced costs are offset by higher prices, lower quality, and lower compensations to employees.
Agreed! Corporate taxes are a cost on a business. Most(there are others but the one’s I mention will be that which are most effected) of these govt induced costs are offset by higher prices, lower quality, and lower compensations to employees.
CPI is the most obvious. Constant adjustment of the market basket. Recently they took coffee out because the prices didn't come back down like they usually do after a freeze in Brazil which was a couple of years ago but they also screw with the cuts of meat and don't account fully for shrinkflation. The handling of housing costs is odd.
Agreed! Corporate taxes are a cost on a business. Most(there are others but the one’s I mention will be that which are most effected) of these govt induced costs are offset by higher prices, lower quality, and lower compensations to employees.
How are BLS stats ‘cooked’?
Don't watch the headlines, watch the adjustments later. All in one direction.
Look at the website Shadow Stastics which calculates the old way.
I agree on adjustments. I follow several economists and some of the readers of those economists. A bit of discussion on BLS data is had.
Did you have a specific BLS data point to which you refer?
CPI is the most obvious. Constant adjustment of the market basket. Recently they took coffee out because the prices didn't come back down like they usually do after a freeze in Brazil which was a couple of years ago but they also screw with the cuts of meat and don't account fully for shrinkflation. The handling of housing costs is odd.