Instarevelation: “Inflation Actually Near 10% Using Older Measure”

As if we didn’t know.

Inflation, using the reporting methodologies in place before 1980, hit an annual rate of 9.6 percent in February, according to the Shadow Government Statistics newsletter.

“…Because if we were using that old system, inflation would be really bad.”

Hey, under the Obama-Geithner-Bernanke regime, you know you’re in the very best of hands. These fools are punch-lines to dark jokes that just write themselves.

[Our take: File InstaPundit blog under “Things That Don’t Suck.”]