Inflation rises

Thanks to my friend Dick for this article. The headline says inflation rose 2% last month, but when you peel back the onion, you'll see a different picture.

http://www.breitbart.com/article.php?id=CNG.f4ca4a183df2102e9ad9338f1c9b7c75.171&show_article=1

Energy and food costs rose 18.7 percent against March 2009, up almost four percentage points compared with February.

I guess they believe items like food, gas, home heating, and electricity bills are immaterial. In their defense, the US government excludes food and energy in their Consumer Price Index (cpi) due to high volatility, but the omissions don't reflect reality in determining purchasing power.