A-la-Atrios: Energy WANKER of the week - Joel Naroff
8/16/2005 09:50:00 AM | Author: baloghblog
Via MSNBC/AP:
“Energy is a killer, but if you don’t use it, you’re not seeing a whole lot of inflation,” said Joel Naroff, chief economist at Naroff Economic Advisors, a consulting firm in Holland, Pa.
This article was trying to put on the front that the large jump in inflation for last month (0.5%) wasn't really bad, because, if you took out the "volatile" energy prices, inflation remained in check.

Greaaat. Yeah that makes sense. Who the hell doesn't use energy???

"Those without homes, cars, heating or cooling bills, lights, TV, were amazingly unaffected by the rise in inflation, because they don't use energy." - paraphrased for Joel Naroff.
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