Posted on 10/13/2021 5:52:54 AM PDT by blam
Well, well......... a new trick for an old democrat dog
Buy votes with the COLA
(they are free)
“nonpartisan experts” no such animal exists.
Of course, the premiums for Medicare will go up by the same amount in dollars.
I’m betting that any COLA increase will be eaten up by health-care premium increases. So seniors like me will just break even.
Oh, wait. I won’t break even because there will be nothing left to balance out food and energy price increases. Living in a ‘Build Back Better’ paradise is gonna be tougher than I thought.
Don’t buy that new Ferrari just yet.
“Of course, the premiums for Medicare will go up by the same amount in dollars.”
always has in the past
No COLA - PEPSI.
Cheeburgi Cheeburgi Cheeburgi
If you make “too much” in their eyes, they confiscate to pay for others, even though it’s my money. Happened last year and likely will happen again.
Fighting inflation with more spending.
They can give me the COLA, but I still ain’t voting for them. Screw ‘em..
Sure. And all the health premiums go up 10%.
That has nothing to do with Biden, that formula has been in place for decades. Biden will try o take credit but our answer should be it’s because of the huge jump in inflation.
OG Geeez, Same ole crap. Its still spinning wheels. 1M today buys you what 100K bought you in 1960. We keep shoveling crap against the tide, but they only keep giving us bigger shovels. Are we striving for the wheel barrel of money to buy a loaf of bread? Better hold on to those Zimbabwe bank notes, they may become our currency.
Naw....they left me with $1 gain last time around.
Inflation shrinks the buying power of the dollar. Among other things, it reduces the value of social security, pensions and annuity payments.
The pensioner does not cause inflation, the government does. Inflation is an insidious means to reduce payment obligations. COLAs are required by law for SS payments. IMHO, other pension accounts (company/union pensions, annuities) that were funded by the pensioner should similarily be required by law to have COLA adjustments.
And people receiving food stamps have received a 25% increase in benefits. Go figure.
True and it’s never been more self-evident. Never, ever trust anyone who says different.
Prices go up the same for both lowest & highest groups.
how was that gas station coffee that buck bought ya?
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.