But he can’t give a COLA to SS recipients and those receiving their modest federal and postal retirement checks from the Office of Personnel Management. Less money of us, more money to buy more votes. Three years out of his time in office, no COLA. Interest rates on our CD’s and Elite Savings Accounts at banks is almost nothing. Yeah Obama is really for the working person. /sarcasm.
He’s as much “for the working person” as any elitist leftist throughout history has ever been, to be sure. Nothing to lose but their (imaginary) chains, to get replaced with heavier iron yokes.
Modest? The federal retirement system is very good. Many of those retiring today are still grandfathered into the old CSRS system, which was rich by modern standards. The feds switched to FERS in the 1980, which has a basic defined benefit pension of one percent of an employee's "high three" years of salary times years of service, accompanied by a thrift savings plan with employer match. Do not pity the poor federal retiree.