Given the federal budget deficit in recent years, some economists have argued that by adjusting Social Security
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Given the federal budget deficit in recent years, some economists have argued that by adjusting Social Security payments for inflation using the CPI, Social Security is overpaying recipients. What is their argument, and do you agree or disagree with it?
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The argument made by some economists is that using the Consumer Price Index CPI to adjust Social Security payments for inflation might result in overp...View the full answer
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