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To: george76

Yo Seniors, this “Change you can believe in” you voted for in 2008?


6 posted on 09/27/2009 7:15:40 AM PDT by MNJohnnie (The 0 years, Too bad a requirement for adult supervision was not put into the Constitution)
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To: MNJohnnie
Obama had nothing to do with SS COLA increases. COLAs are based on an established formula and the CPI-W, i.e.,. COLA Estimates

The Social Security Act specifies a formula for determining each COLA. In general, a COLA is equal to the percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from the third quarter of one year to the third quarter of the next. If there is no increase, there is no COLA.

I do think it is great that most people will still blame it on Obama.

17 posted on 09/27/2009 7:37:54 AM PDT by kabar
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