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    Correlation of TIPS to inflation

    yes, a 1-to-1 correlation implies price movements in sync (think the CPI and inflation). the price of energy should have a pretty strong correlation to inflation (+.5, I made that # up but you get the picture). price movements of TIPS are somewhat similar to the movements in inflation rate...
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    Paying for the "payroll tax" cut

    High earners are not nearly as concerned with SS being secure as those at the lower end of the earning spectrum. Someone earning $150k for a decade is likely to have $1,000,000 saved by retirement thus relying far less on SS than someone with only $20k saved at age 65.
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