Monday, November 30, 2009
Feds tweak data to keep inflation low, hurting seniors and investors, critics say
The government is manipulating the Consumer Price Index in an attempt to keep inflation low and save money, and that has major implications for retirees and some investors, several statisticians who analyze government data say... They say that artificially low inflation measures rob millions of elderly and pensioners who rely on Social Security cost-of-living adjustments to maintain purchasing power... Investment News: Feds tweak data to keep inflation low, hurting seniors and investors, critics say