Skip to main content

View Diary: If you think sequester will be bad, wait until they gut Social Security (195 comments)

Comment Preferences

  •  And if we keep interest rates (1+ / 0-)
    Recommended by:
    Panama Pete

    at zero then inflation doesn't happen with the way things are calculated now.  However all the other things not included in the calculation of inflation such as food, gas, ulitilies, healthcare costs, etc., etc., are rising faster than a speeding train.  The chained CPI will hurt even more because the CPI as it is now does not reflect the true cost of living.  The chained CPI will actually be more of a reduction because it will be based on replacements for actual goods and the truth is everyone I know is already using cheaper goods as replacements now.  There is no replacing room, just doing without is the next step.  

    We are already falling behind on the rising costs that are not considered as part of the true measurement of inflation.  

    "During times of universal deceit, telling the truth becomes a revolution­ary act. " George Orwell

    by zaka1 on Fri Mar 01, 2013 at 01:40:52 PM PST

    [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site