Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Buckeye McFrog
Very astute of Trump. The Dems are going to run on a platform of increasing SS benefits. If Trump beats them to the punch it will blunt the attack.

Lucky is more like it. Social Security increases are automatic and are based on a formula and not legislation.

12 posted on 09/13/2019 7:18:37 AM PDT by DoodleDawg
[ Post Reply | Private Reply | To 2 | View Replies ]


To: DoodleDawg
Lucky is more like it. Social Security increases are automatic and are based on a formula and not legislation.

Correct.

The Bureau of Labor Statistics (BLS) measures price inflation with a Consumer Price Index (CPI). However, COLAs do not take into account many items of life that do increase. It's a very bastardized formula.

16 posted on 09/13/2019 7:33:10 AM PDT by SkyPilot ("I am the way and the truth and the life. No one comes to the Father except through me." John 14:6)
[ Post Reply | Private Reply | To 12 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson