Wednesday, June 22, 2011

Change To Inflation Measurement On Table As Part Of Budget Talks -Aides

This is just another method of stealing from the masses by our allegedly benevolent government.  Inflation as measured by the CPI is already understated.  This calculation change will prove to be an even bigger lie on the cost of living adjustments.

http://www.nasdaq.com/aspx/stock-market-news-story.aspx?storyid=201106211841dowjonesdjonline000414&title=change-to-inflation-measurement-on-table-as-part-of-budget-talksaides
Such a move is widely seen by economists as resulting in a slower rise in inflation. That would impact an array of federal programs that are linked to CPI including the Social Security program and income tax brackets set by the federal government.

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