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report the CPI so that it is an accurate measure of inflation

Created by D.G. on March 07, 2013

Since the early 1980s, the CPI has been reported differently than it used to be. Now it no longer accurately reflects the cost of living. The reason for the changes was to make inflation seem lower than it actually is so that the government could pay smaller increases to social security beneficiaries. The changes have also resulted in overstating the real rate of economic recovery following a recession because GDP.

Economy & Jobs
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