Your monthly reminder that the media enjoys lying about inflation.
Prices rose .6% in December.
Prices rose 7% over a year.
Nothing “surged 7% in December.”
Prices rose .6% in December.
Prices rose 7% over a year.
Nothing “surged 7% in December.”
Since I’m not in the mood to have this same tedious discussion, one more time:
My son was 4’ 10” a year ago. He is 5’ 5” now. His height didn’t soar 7 inches in December. It didn’t even soar 7 inches in December “from a year prior”.
He grew less than an inch in December.
My son was 4’ 10” a year ago. He is 5’ 5” now. His height didn’t soar 7 inches in December. It didn’t even soar 7 inches in December “from a year prior”.
He grew less than an inch in December.
That isn’t a very exciting headline though.
“Local teen grows under one inch in December” isn’t all that attention-getting.
“Teen skyrockets 7 inches in December over prior year” sounds a lot more dramatic.
It just isn’t true.
The media misrepresents the number. On purpose.
“Local teen grows under one inch in December” isn’t all that attention-getting.
“Teen skyrockets 7 inches in December over prior year” sounds a lot more dramatic.
It just isn’t true.
The media misrepresents the number. On purpose.
“Inflation rate rises .6% to 7% in December” is true.
“Prices up 7% over last 12 months says December data” is true.
“Annual percentage rate now at 7%” is true.
“Inflation surged 7% in December” is false.
“Prices soared 7% in December” is false.
It’s not that hard. Really.
“Prices up 7% over last 12 months says December data” is true.
“Annual percentage rate now at 7%” is true.
“Inflation surged 7% in December” is false.
“Prices soared 7% in December” is false.
It’s not that hard. Really.
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