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Then instead of arguing about increases in spending you are just arguing about metrics of inflation. I'd rather legislators argue about the former.
by jjaredsimpson 11y ago
Then instead of arguing about increases in spending you are just arguing about metrics of inflation. I'd rather legislators argue about the former.
- alasarmas 11y agoI think legislators are already arguing about both increases of spending and metrics of inflation. Remember the whole "chained CPI" debate about the metric to use to calculate cost-of-living increases for Social Security benefits?
- rtpg 11y agosure, but in the case of minimum wage, for example, it would still be rising by some (certainly imperfect) metric. Legislative deadlock would not stop these things from rising at least a little.