Nation Squib on CPI Seems to Be Old Hat

[John K. Taber]

This 0.2% adjustment is not new, it's old (well, news in Barron's
last May 18). The change is to take effect in 1999. The adjustment
is to CPI-W. The complete story is at

	http://stats.bls.gov/cpigm01.htm   
"Announcement of planned changes in the Consumer Price Index formula"

We had already discussed this in soc.retirement months ago. We were
suspicious about the validity of the adjustment, and I guess we 
still are.

My guess is, The Nation just learned of it, and made the mistake
either of thinking it is a new threat, or did not make clear this
is old. 

Thanks, everybody, for the help.

-- 
Those are my principles, and if you don't like them, I have others.

                                                      --Groucho Marx