a 1 percent reduction in the annual cost-of-living increaseFun With Statistics!
But, of course, it isn't a "1 percent" reduction. If the cost of living increase were to be reduced by 1% (one penny on the dollar), some would grumble, but no one would be outraged.
The actual matter is that if inflation is deigned to be 2% in a given year and the increase is reduced to 1%, then it's a 50% reduction in the annual cost-of-living increase. Hey, but we all know that there's no inflation.
Right? I mean, that's what Ryan's aides must have told him. Otherwise, I can't imagine what he's doing.
Yup. And if our nation and national "leaders" allow this to stand, we are cursed. This is a monumental injustice, especially with the Ferderal government spending Trillions, they mean to tell us that Washington cannot find $6 billion in other savings over ten years to replace these cuts to widows, disabled, and retired military? Really? I just read that Rep Issa came out publicly against these unjust cuts. I hope Issa corners Paul Judas Ryan in the hallway and tells him off.