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January 22, 2011
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Social Security and COLA determination

A column in The Union written by Marc Cuniberti about the change in Social Security is of great interest to all taxpayers involved.

The Commodities Research Bureau Index indicates that commonly purchased necessities have nearly doubled in price since March 2009, yet the government states there is "little or no inflation" so there is no need for an increase in the amount paid to the recipients under Social Security.

The current government bases its monetary policy on the information provided by the Core Price Index.

Although the Core Price Index uses some of the information provided to them, it "does not include food or energy costs."

To the taxpayer, it would seem likely that these are the most vital elements in providing their costs of living.

To determine policies based upon facts that are not included in the conclusions and recommendations would appear to make them worthless.

Charles E. Heinkel

Nevada City

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The Union Updated Jan 22, 2011 12:23AM Published Jan 22, 2011 12:22AM Copyright 2011 The Union. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.