IF you want those restrictions-—You would have to match it with price freezes.
I am on Soc Sec. 4 times in 8 years, Obama gave us ZERO, I got a .3 (POINT 3) percent increase for this year—amounted to exactly $4. My telephone (landline only-—no Cell Phone !) went up $7 a month. My vehicle insurance went up-again- thanks to the illegal rivers in Nevada who have been given licenses. My last accident was Oct 1966 & my last ticket was somewhere around 1997-—no seat belt. My property taxes go up a limited 3% a year by state law, so that went up $17.52 from $676.11 last year. Whole year of property tax. Gas is still around $2.75 a gallon & I only drove 1960 miles in 2016. Everything is thought out twice..... Trips are always multiple stops—usually on Soc Sec payday.
So-—I got $48 from COLA increases-—
minus $17.62 for taxes—
minus bout $84 for the phone increases
minus about $8 a month for vehicle insurance or $96/year.
Thanks, Obama, I am in the hole $149.62....
Tell me again about no COLA for those of us on Soc Sec? Please use small words——I really did only go to a ONE ROOM SCHOOL...REALLY!!!
COLA is basically wealth distribution. Money is taken from someone else and transferred to you.
If you had invested the money you paid into SS you could basically get a set amount back, it would not have a COLA.
Hate to say this but it looks like the Government has got you thinking you are entitled to take from the next generations because the Government allows you to do that.