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To: faithhopecharity
(including the pitiful and insulting teenyweeny 2.5% “COLA” for Social Security pensioners....when the real cost of living is around 20% or more......Biden/Harris regime is driving retirees straight into poverty with its fake economic data

I will add to your complaint a couple of tid bits that are studiously ignored by the left wing press. A significant percentage of those who are employed have not seen a raise and another traunch have not seen raises commensurate with inflation. Remember a classic response from economists to people complaining about rising prices is "would you accept the wages from then": a lot of people today respond I have not had a raise since then.

The social Security COLA may accurately reflect *WAGE* inflation, which is lower than price inflation.

17 posted on 10/19/2024 2:27:16 PM PDT by Fraxinus (My opinion, worth what you paid.)
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To: Fraxinus

yes, the vast majority of Americans have suffered major downscaling of their standards of living in the last 3 or 4 years, partly at least due to no COLAs or ridiculously teenyweeny “COLAs” like the Social Security retirees get from the fake economic index used for them

anyone who votes for a continuation of the Biden/Harris economic (and yes, border) policies is NUTZ! self-destructive or suidical


18 posted on 10/19/2024 4:01:56 PM PDT by faithhopecharity ("Politicians aren't born, they're excreted." Marcus Tullius Cicero (106 to 43 BCE))
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