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View Diary: Chained CPI is a Cut. You Either Care About People or You Don't. (365 comments)

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  •  Nonsense ... (0+ / 0-)

    The article you quote states the following:

    The way we measure inflation right now really does mismeasure inflation. Chained-CPI really is a bit more accurate.
    That is the reason to adopt the chained-CPI.  Pure and simple.

    If the chained-CPI is a more accurate measure of inflation, then knowingly using a higher metric like CPI-W is arguably just a stealth method of raising SS payment levels.  If those levels need to rise, we should be having that discussion openly and honestly and not pretending it has anything to do with inflation.

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