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TheMastersNemesis

(10,602 posts) Wed Apr 10, 2013, 01:21 PM Apr 2013

Dirty Little Secret About Chained CPI Is That It Will Be Used For Wage Increases For Workers.

Do not be surprised when employers cite the same numbers under the "chained" CPI when deciding on wages and benefits.

9 replies

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Dirty Little Secret About Chained CPI Is That It Will Be Used For Wage Increases For Workers. (Original Post) TheMastersNemesis Apr 2013 OP

And much more. Many of those so willing to pick granny's pocket will be shocked to Bluenorthwest Apr 2013 #1

Do you mean "It Will Be Used AGAINST Wage Increases For Workers"? AnotherMcIntosh Apr 2013 #2

much better headline bbgrunt Apr 2013 #4

So your raise would be one quarter of one percent smaller? Kolesar Apr 2013 #3

Jeepers... if it's so fucking trivial then why would anyone propose it? cthulu2016 Apr 2013 #5

As a start. The real significance is that this will be the first time for the Democratic Party to AnotherMcIntosh Apr 2013 #6

Got a link where I can see it will be used to increase wages for workers? Autumn Apr 2013 #7

used to calculate/negotiate wages cthulu2016 Apr 2013 #8

Is there a link to where that came from? Autumn Apr 2013 #9

Bluenorthwest

(45,319 posts)

1. And much more. Many of those so willing to pick granny's pocket will be shocked to

Reply to TheMastersNemesis (Original post)

Wed Apr 10, 2013, 01:34 PM

Apr 2013

see their own tax credits evaporate before their eyes as well. Earned Income Credit will shrink and the number of people able to claim them will wither. That's just a start.

AnotherMcIntosh

(11,064 posts)

2. Do you mean "It Will Be Used AGAINST Wage Increases For Workers"?

Reply to TheMastersNemesis (Original post)

Wed Apr 10, 2013, 02:28 PM

Apr 2013

bbgrunt

(5,281 posts)

4. much better headline

Reply to AnotherMcIntosh (Reply #2)

Wed Apr 10, 2013, 03:02 PM

Apr 2013

Kolesar

(31,182 posts)

3. So your raise would be one quarter of one percent smaller?

Reply to TheMastersNemesis (Original post)

Wed Apr 10, 2013, 02:44 PM

Apr 2013

that is the thirtieth root of 1.08

It would take thirty years for that cumulative effect of -8%

cthulu2016

(10,960 posts)

5. Jeepers... if it's so fucking trivial then why would anyone propose it?

Reply to Kolesar (Reply #3)

Wed Apr 10, 2013, 03:04 PM

Apr 2013

Funny how that works, eh?

AnotherMcIntosh

(11,064 posts)

6. As a start. The real significance is that this will be the first time for the Democratic Party to

Reply to Kolesar (Reply #3)

Wed Apr 10, 2013, 03:06 PM

Apr 2013

start undermining Social Security.

But you knew that, didn't you?

Autumn

(45,056 posts)

7. Got a link where I can see it will be used to increase wages for workers?

Reply to TheMastersNemesis (Original post)

Wed Apr 10, 2013, 03:11 PM

Apr 2013

Cause I'm doubting that.

cthulu2016

(10,960 posts)

8. used to calculate/negotiate wages

Reply to Autumn (Reply #7)

Wed Apr 10, 2013, 03:12 PM

Apr 2013

Autumn

(45,056 posts)

9. Is there a link to where that came from?

Reply to cthulu2016 (Reply #8)

Wed Apr 10, 2013, 03:15 PM

Apr 2013

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