In fairness, much of what has become distorted in the CPI series has resulted from pressures outside of the Bureau itself, ranging from the perceived political needs of overseeing administrations, to Congress and the Federal Reserve. For some of the issues raised in the article, I have no argument with the BLS. For example, as to core inflation, the concept of "core" inflation - CPI net of food and energy inflation - indeed is not used in current Social Security cost of living adjustments. The BLS went on to explain that it "makes no claims about the predictive or analytical value of that index." Where there are many of critics of the BLS’s CPI methodologies and reporting, the government has a natural and significant interest in protecting the credibility of its CPI series. McClelland that attempted to debunk "a number of longstanding myths regarding the Consumer Price Index. The Bureau of Labor Statistics (BLS) published "Addressing misconceptions about the Consumer Price Index" in its August 2008 Monthly Labor Review, an article by John S. S Response to BLS Article on CPI Misconceptions JOHN WILLIAMS’ SHADOW GOVERNMENT STATISTICS
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