I am posting this link again since is generally going unnoticed.You may have heard of a global plan, to which some credit President Obama as being a true believer, that the United States should have it's standard of living lowered to make the global distribution of wealth fairer The way I am reading it, being a mere layman, is that the substitute of the Consumer Price Index for the Chained Consumer Price Index, by governments in the United States, is being billed as a more accurate way of measuring the cost of living. However the Consumer Price Index, as I understand it, measured not the cost of living, but the cost of goods and services. The Chained Consumer Price Index measures the cos t of living, factoring in a general downward shift in the STANDARD of living as consumers adjust to a rising cost of goods reflected in the shrinking dollar caused by inflation, caused by worthless money being dumped on our system. The Chained Consumer Price index no longer measures the cost of
http://americanpoliticalphilosophy.blogspot.com/2013/06/i-am-taking-short-break-from-my-story.html
