While calling "no foul" on a recent ad from the group supporting the Two-Thirds ballot initiative, the Michigan "Truth Squad" gets its facts wrong about inflation. It writes:

The Consumer Price Index over the last year rose 1.7 percent, while personal income in Michigan has been growing about 1 percent per quarter for the last year. (It should be noted that the CPI excludes energy and food, both of which have been rising lately. Food prices in particular are expected to climb, as effects of the drought filter through the food economy.)

Stay Engaged

Receive our weekly emails!

While it remains to be seen what impact the drought will have on prices, the Consumer Price Index does, in fact, include food and energy prices. The recent release linked to by the Truth Squad even shows that food and energy are included.

The Truth Squad also mistakes price trends. While gas prices have increased in recent months, year-over-year energy prices are down 3.9 percent instead of increasing as they assert.

~~~~~

Related Articles:

The Detroit News Points to Mackinac Center Research

Fact-Checking Teacher Union Math on Detroit Schools

ACLU Joins DeVos Assaults By Ignoring Inconvenient Charter School Truths

Truth Optional When Teachers Union Defends Its Turf

Why We Published Names and Wages of Government Workers in a Searchable Database

Licensing: Fact vs. Fiction FAQ

Stay Engaged

Simply enter your email below to receive our weekly email:

Facebook
Twitter

It took more than a year but the City of Detroit now allows pedal pubs to live up to their name. Customers are now allowed to drink alcoholic beverages while peddling these unusual pub platforms.

Related Sites