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put that way-- how much are we ENTITLED to ?

Depends on what the original "contract" was, what the opportunity cost was over that time period, and what the inflation adjusted value is.

Of course we would need a real inflation cost of living calculation done that is not subject to political know like using a "Hedonics" multiplier on certain things to make the value of the basket of good look like inflation has not happened.

md (If something lasts longer but you cannot afford it, is it a true Hedonic?)
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