CPI Shaving?

[Brad De Long]

>>Brad mentioned that the CPI would be the same
>>for Soc Sec and bondholders.  I had heard the
>>contrary, but I don't want to challenge him
>>on it until I am certain.  As you indicate,
>>this would make for an interesting scandal.

All the proposals (all the proposals I heard, at least), are that
*indexation* would be different for Soc Sec and for bondholders--Soc Sec
recipients would get CPI - 1%, bondholders would get CPI--but that the CPI
would be the same...

A scholastic difference, I admit: same "CPI", but different "indexation"...

Brad DeLong