>> This is completely wrong. The CPI-u is, and the CPI-x was, adjusted
>> quality changes (see http://www.bls.gov/cpi/home.htm ). The CPI-X
>> doesn't exist anymore.
>So what price statistic wasn't adjusted for quality changes?

They all are. No one (who knew what he was talking about) has ever
claimed that they are not adjusted. The common claim is that the
adjustments (which are quite complex and differ across different types
of goods) are inadequate. - - Bill

William T. Dickens
The Brookings Institution
1775 Massachusetts Avenue, NW
Washington, DC 20036
Phone: (202) 797-6113
FAX:     (202) 797-6181
AOL IM: wtdickens

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