1. Thursday, January 10, 2013 - 4:58 PM
"Adopting chained CPI would reduce about 20% of Social Security’s long-term shortfall. That’s because it cuts Social Security benefits by providing a lower annual cost-of-living adjustment."
Through the 'substitution' method. If ground beef becomes too high in price, in order to restrict cost-of-living adjustments, dog food will be the appropriate substitute for senior citizens. Nothing but the best for our elderly.
Of course, the politicians will run smack into two big lobbyists if they try to implement this. Not only AARP but also the organizations representing the retired military of this country who's members will also be affected by a change in the cost-of-living computation.
Through the 'substitution' method. If ground beef becomes too high in price, in order to restrict cost-of-living adjustments, dog food will be the appropriate substitute for senior citizens. Nothing but the best for our elderly.
Of course, the politicians will run smack into two big lobbyists if they try to implement this. Not only AARP but also the organizations representing the retired military of this country who's members will also be affected by a change in the cost-of-living computation.
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