Pete DeFazio Explains Chained-CPI

This is a speech by Pete DeFazio from last year during the debt ceiling debacle. It explains the chained-CPI pretty well. DeFazio does make some statements for effect, but it is all fundamentally correct:

H/T Digby

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About Frank Moraes

Frank Moraes is a freelance writer and editor online and in print. He is educated as a scientist with a PhD in Atmospheric Physics. He has worked in climate science, remote sensing, throughout the computer industry, and as a college physics instructor. Find out more at About Frank Moraes.

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