One of the ways that government tends to tackle difficult problems is to redefine parameters in a manner that minimizes the problem. Inflation is a good example. Over the years we have seen “refinements” in the metrics used to measure its severity as well as a definition which excludes the inflation rate of certain components […]
Archive for February 14th, 2011
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Posted by Tom Lindmark on February 14th, 2011
An interesting graph from Mike Mandel. Of course, the fact that education and health care benefit substantially from federal funding has nothing to do with their growth.
