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I agree with the calculations of Howard Reynolds (Voice, Jan. 2)regarding the value of Social Security returns. However, there is an additional consideration that is required in any calculation of benefits. That is the effect of inflation over the years.
Example: In the 1950s, when we made lower payments to Social Security, a loaf of bread cost approximately 12 cents. Now the price is about $1.50. What we should be including in our computations is the change in the buying power then and now.
