Comment by iwontberude
4 hours ago
CPI is a bullshit number. CPI indexes Social Security COLAs, TIPS payouts, tax brackets, and federal pensions. Every 0.1% shaved off CPI saves the Treasury real money on its indexed obligations.
4 hours ago
CPI is a bullshit number. CPI indexes Social Security COLAs, TIPS payouts, tax brackets, and federal pensions. Every 0.1% shaved off CPI saves the Treasury real money on its indexed obligations.
Please tell me more.
It is acknowledged as not covering some costs that affect many people severely. But that does not by itself make it a bullshit number.