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MrMickeysMom

(20,453 posts)

5. God, that is so awful...

Reply to Lasher (Reply #4)

Thu Dec 20, 2012, 07:43 PM

Dec 2012

But, that is exactly true, isn't it? This is what people do as they must continue to survive on a "fixed income".

So, the proletariat is chained to the circumstance created for a meager existence, rather than a safety net.

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I love Alan Grayson, but couldn't follow his explanation of chained CPI [View all] MrMickeysMom Dec 2012 OP

Just about everything I've read on this expresses some uncertainty, so I guess that's going around. patrice Dec 2012 #1

And, I don't want to get away from the fact... MrMickeysMom Dec 2012 #2

I have never thought it should. & No help to the rich on their taxes either, indirectly or otherwise patrice Dec 2012 #3

Chained CPI assumes you will change your buying patterns as prices go up. Lasher Dec 2012 #4

God, that is so awful... MrMickeysMom Dec 2012 #5

Inflation is measured over a period; the 'classic' calculation measures the goods and services, muriel_volestrangler Dec 2012 #6