Monday, May 13, 2019

Inflation adjustments are anti-green

The Trump administration has resurrected an oldie but a goodie: changing the way inflation is calculated to determine if someone lives under the poverty level. Instead of using the normal measure, they want to use something called chained CPI,

We all thought you had figured this out, Kevin.

Price fixes by government are anti-green devices implicitly protecting favored political constituents from green taxes.   Kevin, this little discovery is why Brad and Paul went with the New Green thing of paying bribes. Absent a bribery scheme, our favorite Keynesians have no way to get automatic price fixes for their constituents.  You missed the whole argument, Brad failed to insert the new fact into talking points, for obvious reasons.

The rule is cast in stone. If you eschew automatic price fixings then you are pure green. If you have to do the bribery thing, you are one of those, 'melt it today and pretend to refreeze tomorrow', fake greens.

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