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To: SeekAndFind

the headline is inaccurate.

There is no adjustment unless there is a rise in cost of living. When the numbers are run according to the formula, no adjustment upward is required. There can be no negative adjustment.

An increase is not canceled because there never was one for the period in question.


23 posted on 08/25/2009 4:56:03 PM PDT by bert (K.E. N.P. +12 . fasl el-khitab)
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To: bert
There is no adjustment unless there is a rise in cost of living. When the numbers are run according to the formula, no adjustment upward is required.

And what is cost of living based on ? Inflation right ? And we are supposed to believe that food and gasoline prices have not gone up ? We should believe the way the government calculates inflation the same way they calculate unemployment rate which mysteriously went down from 9.5% to 9.4% even as more layoffs occur ?
25 posted on 08/25/2009 4:58:45 PM PDT by SeekAndFind
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