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Shelter, groceries, healthcare, and education comprise 53.2% of the CPI bundle.

US households faced much higher costs than you recall. According to the BLS, mean monthly expenditures were $44.75 on landline service, $13.50 on cable TV, and $12.33 on newspapers…

The assertion that the CPI simultaneously overlooks downward product substitution and prices in product improvements in order to paint an overly-rosy picture is belied by the fact …

What start date would you prefer? https://fred.stlouisfed.org/series/LES1252881600Q

The CPI doesn’t arbitrarily “swap in” items. It changes based on consumer behavior. That’s why it now tracks streaming services but not VCRs. Similarly, if the price of Gala apples…