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TheMastersNemesis

(10,602 posts) Fri Dec 21, 2012, 06:44 PM Dec 2012

Not Every One Gets What They Want ---- Time To Accept The Chained CPI

We 2% they get 98%

4 replies

= new reply since forum marked as read

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Not Every One Gets What They Want ---- Time To Accept The Chained CPI (Original Post) TheMastersNemesis Dec 2012 OP

Hell no! nt newfie11 Dec 2012 #1

Screw that DJ13 Dec 2012 #2

Merry Christmas, seniors. You're still on the table. forestpath Dec 2012 #3

I've seen all kinds of numbers thrown around customerserviceguy Dec 2012 #4

newfie11

(8,159 posts)

1. Hell no! nt

Reply to TheMastersNemesis (Original post)

Fri Dec 21, 2012, 06:48 PM

Dec 2012

DJ13

(23,671 posts)

2. Screw that

Reply to TheMastersNemesis (Original post)

Fri Dec 21, 2012, 06:51 PM

Dec 2012

forestpath

(3,102 posts)

3. Merry Christmas, seniors. You're still on the table.

Reply to TheMastersNemesis (Original post)

Fri Dec 21, 2012, 07:06 PM

Dec 2012

Where are all the celebrators from last night now...?

customerserviceguy

(25,183 posts)

4. I've seen all kinds of numbers thrown around

Reply to TheMastersNemesis (Original post)

Fri Dec 21, 2012, 07:36 PM

Dec 2012

and when it comes down to it, they're all guesses.

One thing is certain mathematically. If inflation is very low, or non-existent, then the difference between chained CPI and CPI as calculated today is minimal. Clearly, the higher inflation is, the more the difference between the two.

However, what would produce high inflation? A rip-roaring economy, that's what. And that's Social Security's very best hope for survival for another generation. Permanent, dragged out recession of the kind we've experienced since 2008 will produce low-or-no inflation that has the effect described on the two CPI calculations.

In the long run, which one really is better for seniors?

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