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Tag Archives: cost of living
What’s the Big Deal about the Chained CPI and How Would It Affect Social Security Benefits?
I. What is the Chained CPI and how does it differ from other CPI measures? First, there are numerous consumer price index measures. Among the most notable are: CPI-U (Consumer Price Index – Urban) – measures prices for consumers in … Continue reading
Posted in Economy, Government, Health, Socio-economic Status
Tagged benefits, chained CPI, COLA, cost of living, CPI-E, CPI-U, CPI-W, economy, elderly, government, health care, inflation, Social Security, substitution effect
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The Economist: Where To Be Born
Well, I’ve been to many of the countries listed in the top 10 countries listed below but I still prefer the good ol’ USA, despite our many problems. The Economist ranks countries on 11 indicators (GDP, inflation, GDP growth, cost … Continue reading
Debunking the ‘Middle Class is Not Hurting’ Deniers
It’s incredible, given the evidence below, that the American Enterprise Institute, a conservative think-tank, argues there has been “considerable improvement in material well-being for both the middle class and the poor … over the past three decades.” Fortunately, this is easily … Continue reading