Wednesday, November 24, 2010

The Cost of Inflation

Beck tells audience to ruin Thanksgiving dinner with misinformation about inflation

While advising his Fox News viewers to talk about inflation at their Thanksgiving dinners, Glenn Beck falsely claimed that the government removed food and energy prices from its measure of inflation to hide rising prices, that a survey showed economists are "worried" about inflation, and that Social Security recipients are not receiving a cost-of-living adjustment because the government "changed the calculation."