Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

General Discussion

Recursion

(56,582 posts)

5. If you can't buy less or cheaper gas, chaining the CPI would be in your favor

Reply to Glitterati (Reply #4)

Wed Jan 16, 2013, 09:38 AM

Jan 2013

If demand for gas is inelastic, a chained CPI would be good for you, because the model will have to spend more of its income on gas.

The chained CPI is a "cut" over the long term because over the long term the price of everything tends to fall.

Edit history

Please sign in to view edit histories.

31 replies

= new reply since forum marked as read

Highlight:

Dean Baker: The 3 Percent Cut to Social Security, Aka the Chained CPI [View all] eridani Jan 2013 OP

du rec. nt xchrom Jan 2013 #1

2014 Protalker Jan 2013 #2

Is the chained CPI actually more accurate or not? Recursion Jan 2013 #3

Perfect example - this year. Glitterati Jan 2013 #4

If you can't buy less or cheaper gas, chaining the CPI would be in your favor Recursion Jan 2013 #5

You don't seem to get it Glitterati Jan 2013 #6

Yes, gas is included in the CPI Recursion Jan 2013 #7

Bwahahahahahahahahahaha! Glitterati Jan 2013 #8

And? Recursion Jan 2013 #9

Sure, Bush's 2007-8 gas prices Glitterati Jan 2013 #10

That FAQ is two years old Recursion Jan 2013 #11

Take your right wing talking points somewhere else Glitterati Jan 2013 #12

You're the one who thinks gas isn't included in the CPI Recursion Jan 2013 #13

Imagine? Glitterati Jan 2013 #17

When did I grouse about the COLA? Stop making stuff up. Recursion Jan 2013 #18

By supporting Chained CPI Glitterati Jan 2013 #21

Have you compared the actual COLA with what a hypothetical chained COLA would have been this year? Recursion Jan 2013 #23

I disagree sulphurdunn Jan 2013 #25

I agree the cap should disappear Recursion Jan 2013 #26

I really wish someone could explain Glitterati Jan 2013 #15

Republicans dislike Social Security because it's an effective government antipoverty program Recursion Jan 2013 #16

You still didn't answer the question. Glitterati Jan 2013 #19

No, I'm not. You're imagining things Recursion Jan 2013 #20

Yet here you are, spouting Republican talking points Glitterati Jan 2013 #22

*snort* Recursion Jan 2013 #24

Do you see a pattern here? ... 1StrongBlackMan Jan 2013 #28

ROFL, I do see it Glitterati Jan 2013 #30

Becasue it's not $15 sulphurdunn Jan 2013 #29

Something called computers. n/t JayhawkSD Jan 2013 #27

"According to inside Washington gossip" ProSense Jan 2013 #14

The $250,000-$450,000 crowd have just received newly enacted tax cuts as the politicians indepat Jan 2013 #31