Dear Mr. President,Here you go again. Class warfare. Although the country is tired of the divisive speeches you seem to be drawn to, let me help you and the country understand the important point that you fail to bring up in relation to this " discussion".Follow this closely.In 1983 and again in 1994 under the Boskin Commission, the government, in an attempt to reduce the ever- increasing amount of money it was required to pay out in entitlement programs, made a decision to alter the way it calculated the Consumer Price Index. By doing this and making it a lower number, the government in effect would and did reduce the amount of money it would pay out, and this would help reduce the debt burden on the country's balance sheet. Every year, the government continues to alter this calculation with minor adjustments. As a result, the CPI no longer accurately reflects the true cost-of-living increase required to maintain a constant standard of living. What this means is that if income increa...
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