Monday, June 17, 2024

Yay! Bidenomics CPI Manipulation Got You Again | Inflation isn't as bad as yo feel it, don't believe your lying purse

Title: Cooling Inflation Has 2025 Social Security COLA Estimate Dropping

Article Snip: "These latest estimates are based on the Bureau of Labor Statistics’ (BLS) consumer price index (CPI) data for May, ... For the month, the index decreased 0.1% prior to seasonal adjustment. ...As such, the CPI-W can undercount when compared to spending patterns of older consumers Consumer Price Index for the Elderly (CPI-E), which means it can subsequently underpay Social Security recipients, she notes. “This disparity suggests that my COLA estimate, which is based on the CPI-W, may be undercounting real senior inflation by more than 10%,” says Johnson. "

Reference:
CPI-W undercounting real senior inflation, The Financial Raping of Seniors, The Biden Years,






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