Defend military pension cuts: Our view
They have a poll 1/2 down on the right hand side. Freep it if you wish. It is already overwhelmingly in disagreement to the USA Today editorial board, and the comments to the editorial are incredibly negative.
Let’s see now...
Imagine I retired with a miitary pension payment that now pays me $1000 per month.
My pension is indexed for inflation, and the inflation index we use now assumes a heavy charge for real estate cost inflation. That inflation index for pensions is now 3%. If we use that 3% index, each of my monthly retirement checks next year will be $1030.
It has been proposed that the inflation “index” for military pensions be reduced by 1%, from 3% to 2%, because most military retirees do NOT buy new real estate every single year. If we use that 2% “inlation index”, my monthly retirement checks next year will be $1020.
Let’s recap:
If my monthly pension check increases from $1000 to $1020, that $20 increase is NOT a decrease.
If my monthly pension check increases from $1000 to $1030, that $30 increase is NOT a decrease.
Get that? An INCREASE is not a DECREASE.
Let’s not be razzle-dazzled whenever a White House flunky uses BAD arithmetic to try to demoralize us conservatives by falsely claiming that WE are hurting veterans...
Freeped. Thanks.