I'm surprised to see someone from the BLS say the CPI is so badly overstated. On what evidence is this based? If the BLS internally thinks this, why does it continue to put out such misleading numbers? Former BLS Commissioner Janet Norwood seems not to agree. And if it's overstated now, was it also so in the past, meaning that real wage growth was even higher during the golden age than officially reported? Doug -- Doug Henwood Left Business Observer 250 W 85 St New York NY 10024-3217 USA +1-212-874-4020 voice +1-212-874-3137 fax email: <[EMAIL PROTECTED]> web: <http://www.panix.com/~dhenwood/LBO_home.html>
