Sections

Weather Forecast

Close
Advertisement

LETTER: Adjustments should be shared by all

Email News Alerts

To the Editor:

I was appalled to read that the president's budget proposes to use the chained CPI instead of the consumer Price Index to calculate the cost-of-living adjustments for Social Security. We are told that the chained CPI is a more accurate way for measuring inflation because, "if prices rise people will choose a cheaper substitute, i.e. if beef becomes more expensive people will buy chicken."

Advertisement

Get the full story
Subscribe or Log In

Advertisement
Advertisement