The Chained CPI Trap: In making the case against adopting . . .

In making the case against adopting chained CPI for Social Security and the federal income tax, Andrew Biggs notes the following: 1. Annual cost-of-living adjustments for Social Security help counteract the fact that private pensions are not adjusted for inflation.

http://www.nationalreview.com/agenda/345624/chained-cpi-trap-reihan-salam