Interesting little detail—Shadowstats has been tracking the real rate of inflation using the methodology of many years ago (before .gov started cooking the books).
They come up with a current annual inflation rate of 15%.
Today we find out that .gov is increasing the cost of a Medicare Part B premium this year by.....
15%!
That crushes the poorest of the Social Security recipients who have chosen to get Medicare Part B.
It is effectively a highly regressive tax.
And I’m sure that most people have burned through their Coof cash. It’s going to be a sh*tshow. Who could have guessed that all those multi-Trillion dollar spending bills could have had a negative impact?
The Medicare premium increase is designed to compensate for the Social Security COLA. This didn’t happen by accident.