“To fix Social Security, we should first stop using the Consumer Price Index to adjust benefits for inflation. Using the C.P.I. overstates the impact of inflation and has also led to larger increases in benefits for Social Security recipients than the income gains of typical American workers.” ShouldFirstsSocialSecurityBenefitsGainsIncreaseImpactWorkersIncomeConsumersTypicalSocial SecurityInflationAmerican Workers Author:Steven Rattner
“Because of rampant inflation, living standards have been dropping for the great majority of the population. The people are poorer because standards of health and education have fallen. And conditions in the rural areas are worse off than they have ever been. So, you cannot equate the so-called open-market economy adopted by the SLORC with any real development that benefits people.” PeopleHas BeensRealEconomyConditionsDevelopmentBenefitsStandardsAreasMajorityPopulationFallenAdoptedInflationDroppingMarket EconomyRural AreasHealth And Education Author:Aung San Suu Kyi
“If you're a poor worker - this is for new workers coming into the workplace - your benefits will increase at the current rate of increase. If you're a wealthier worker, your benefits would increase at the rate of inflation. And those changes would affect positively the unfunded liabilities inherent in Social Security.” IfsSocialPoorSecurityBenefitsIncreaseWorkersRateCurrentsInherentWorkplaceSocial SecurityInflationPositivelyLiability Author:George W. Bush
“Every portfolio benefits from bonds; they provide a cushion when the stock market hits a rough patch. But avoiding stocks completely could mean your investment won't grow any faster than the rate of inflation.” MeanGrowsBenefitsInvestmentRateFasterRoughAvoidingInflationPatchesPortfoliosCushionsRough Patches Author:Suze Orman