- - Tuesday, September 19, 2017

ANALYSIS/OPINION:

I have been saying for 10 years that the federal government has been adjusting the consumer price index basket of goods by including more low-cost items and reducing higher-cost items. It has done this manipulation in order to minimize its obligations for payment increases by the Social Security Administration and the federal-employee retirement system.

According to the historic consumer price indices, the average inflation from 1983 to 2008 (25 years) was 3.2 percent annually, while the average inflation rate from 2008 to 2017 (11 years) has been 1.04 percent annually. Does anyone really believe that the average annual rate of inflation has dropped by 67 percent over the past 11 years? Let’s get real.

JACK DUCKWORTH

Burke, Va.

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