Friday, April 25, 2008
More Inflation Shenanigans
It just amazes me that Regan and Clinton had the foresight to understand the mess that social security would become and thereby created new methods of calculating inflation so as to tame the exponential growth of social security. I mean why actually try an address a problem when you can mathematically brush it under the rug? Must really be hard for those old folks whose standard of living has dropped precipitously over the last decade or so as their real cost of living has run up while their social security cheques have meagerly risen.
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