They have to pay social security to all the new refugees and illegals. Funny how that promise to citizens that have paid into the system suddenly just transformed.
F’n AARP pushed ObamaCare
If the current administration and Dept of Labor don't include the cost of food in their calculations, inflation must be low....Now, about that recovery BS they are spreading...
Are we better off financially and safer after 8 years of Obama?
Obama 2 will start next January if Illiarily is elected.
Hey, as long as you don’t have to buy food you’re all set! Inflation is just fine! Said nobody ever.
Fed.gov is $20 Trillion in debt, and rising fast. And that’s just direct liabilities. Add Soc. Sec, pensions, Medicare and we are talking anywhere from $60-$140 Trillion.
It will NOT be paid off. There is no humanly way to do so. Nor will any government agency, department, social-justice warrior, or crony-capitalist every agree to Uncle Sam giving them less money.
SO the process will be to:
1) increase taxes as much as possible
2) steal from workers and savers as much as possible through inflation and zero interest rates
3) Make sure the vote-buying entitlements are steadily but stealthily made worth less and less.
4) Add ever-more debt
5) fight like hell overseas to be sure the US Dollar remains the world’s reserve currency
Complaining about the amount received by the SSA is idiotic when contrasted with the millions of Americans who can't find even a DECENT job and who DON'T qualify for Social Security compensation.
Most people on SS get paid far more over the span of their retired lives than they EVER put into it.. Complaining about how "measly" it is is UNFOUNDED and outright GREEEEEEDY!
They did massively raise the Social Security contributions people will be paying in, though.
McDonald’s introduces the $3.92 not-so-happy meal. Alpo announces free delivery of canned goods to seniors.
If Trump promised to recalculate the inflation indexes that Social Security increases are based on, and to pay retoactive adjustments for the amount the indexes were understated, he’d make a major hit in the democrat’s base.
This would just be honoring the current law and commitment that was made. It wouldn’t be a new entitlement.
(Anti-)Amercian Association of Rapacious Pillagers
CNN with free advertising for the biggest vultures in the rent-seeking universe, it’s a professional courtesy.
A big fat two Twenty dollar bills for our seniors to spend for all their essentials.
Across the whole freakin' year of 2017!
Thanks a big bunch, Obama.
You're a total loser.
A drop in oil and gas prices has kept overall inflation in check in recent years. The benefits freeze in 2016 was the third time this decade that there has been no increase in benefits. The other years were 2010 and 2011.
The price of gasoline dropped last month, which is when I think they calculate the CPI-W. It's been consistently lower in 2016, compared to 2015. But, the price drop was smaller than from 2014 to 2015.
You can plot the USA average gas price here, for the time period you want:
aarp? Pffffttttt! NEVER them. The YUGE increase will be offset by the part B rise. No net gain. For a gallon of gas worth of money.
I wonder if the Congressional COLA are better than 3 bucks this year?
Gasoline costs are about the same as last year. However things such as food and rent are up. I don’t how the overall cost of living has not gone up.
About a $4/month increase.
Yeah?
My rent went up $25/month 6 months ago and another $25 when I renewed the lease last month.
My current Medicare Advantage increased $10/month for 2016 and is going up another $6 for 2017. And the copays for prescriptions are doubling. The PCP doctor copay dropped from $10 to $6 in 2016 and $5 for 2017, but as of 2016 blood labs have a copay of $6 and $10 for 2017.
Well, sh#t! I take care of my elderly Dad; pay all of his bills (he’s legally blind) and do his shopping & laundry, etc.
That generous $3.92 is going to bump him into a higher tax bracket! Just kidding...
It also ‘maths out’ (family joke) to over a TWO BILLION dollar increase next year for We The Tax Payers who are not yet collecting SS. (56 million x 3.92, each)
So, git bizzy, Slackers! I currently have SEVEN family members drawing SS. Chop-chop! Quit Freepin’ and get back to work! ;)
(I’ll start drawing in 5 years, 8 months, 2 days and a few hours. HA! We’ll see about that!)