Re: No Raise for S.S.I. this year
I have one word for this... hedonics. During the Clinton administration, Alan Greenspan changed the definition of inflation. Right now, if prices go up but are justified by some "improvement" such as computerization or new features, it does not count as inflation. There's a technical explanation, but basically they can say whatever they want for inflation and nobody can argue about it.
--sjkted
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