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Hot inflation data points to a record-high Social Security cost-of-living adjustment in 2023.... Some want to change how increases are measured
https://www.cnbc.com ^ | JUN 13 2022 8:30 AM EDT | Lorie Konish

Posted on 06/13/2022 12:58:37 PM PDT by Red Badger

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1 posted on 06/13/2022 12:58:37 PM PDT by Red Badger
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To: Red Badger

Inflationary spending loop to accelerate the collapse of Social Security. All feels by design.


2 posted on 06/13/2022 1:01:00 PM PDT by Codeflier (I am just going to assume you are a Democrat if you call me a Putin supporter and ignore you.)
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To: Codeflier

It’s like fighting a fire with gasoline....................


3 posted on 06/13/2022 1:02:14 PM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

I’d prefer lower gas and food prices and a very small and extremely fiscal conservative government.

That happens I’ll give up half my SS.


4 posted on 06/13/2022 1:03:03 PM PDT by maddog55 (The only thing systemic in America is the left's hatred of it!)
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To: Red Badger

That will eventually work...it will just help the fire burn faster. Which is probably what the haters of America want.


5 posted on 06/13/2022 1:03:12 PM PDT by for-q-clinton (Cancel Culture IS fascism...Let's start calling it that!)
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To: Red Badger

some of them, won’t make till then...


6 posted on 06/13/2022 1:03:52 PM PDT by Chode (there is no fall back position, there's no rally point, there is no LZ... we're on our own. #FJB)
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To: maddog55

I’d prefer lower gas and food prices and a very small and extremely fiscal conservative government.

That happens I’ll give up half my SS.

I’d settle for no Soc Sec payment if they give me back all the money I’ve put in over a working lifetime.


7 posted on 06/13/2022 1:13:54 PM PDT by Flick Lives (The CDC. Brought to you by Pfizer)
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To: Codeflier

I laugh heartily at all mentions of Social Security Collapse. We just added $25 trillion to the national debt in 25 years time. A third of that would have covered the Social Security shortfall for over a generation, if not 2 generations.

It is not about reality. They don’t care. They WANT a crash.


8 posted on 06/13/2022 1:15:46 PM PDT by Freedom_Is_Not_Free (America -- July 4, 1776 to November 3, 2020 -- R.I.P.)
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To: Red Badger
Hot inflation data points to a record-high Social Security cost-of-living adjustment in 2023.... Some want to change how increases are measured...

Of course they do. Screwing the retirees is the name of the game.

9 posted on 06/13/2022 1:16:36 PM PDT by Lazamataz (The firearms I own today, are the firearms I will die with. How I die will be up to them.)
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To: Lazamataz

They figure we’ll be dead in a few years, and then they will have nothing but morons to govern.

“Idiocracy” is a prophecy...............


10 posted on 06/13/2022 1:19:24 PM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Red Badger

Obviously, the 5.9 we received in January is insufficient measured against the present inflation rate. Groceries and gas prices are killing us seniors.


11 posted on 06/13/2022 1:22:49 PM PDT by Sacajaweau ( )
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To: Sacajaweau

Don’t forget they also took a huge portion of it back for Medicare!! So all in all seniors are really struggling with this inflation, IF they raise SS again for inflation they will just take a LARGER portion back for Medicare AGAIN!!


12 posted on 06/13/2022 1:26:27 PM PDT by Trump Girl Kit Cat (Yosemite Sam raising hell)
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To: Codeflier

Wonderful. 8.6% will buy two tanks of gas each month for us. When Congress passed the stuff that put SS in trouble, they should have increased the rate to 8% from 7.65%.


13 posted on 06/13/2022 1:27:21 PM PDT by Retain Mike ( Sat Cong)
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To: Sacajaweau
Groceries and gas prices are killing us seniors.

I think 'killing you seniors' is the whole point.

Covid wasn't as effective as they'd have liked.

14 posted on 06/13/2022 1:29:32 PM PDT by Lazamataz (The firearms I own today, are the firearms I will die with. How I die will be up to them.)
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To: Sacajaweau

“Groceries and gas prices are killing us seniors.”

..and federal, state, and local taxes.


15 posted on 06/13/2022 1:31:02 PM PDT by Bonemaker (invictus maneo)
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To: Red Badger

Boost SS under CPI-E and they’ll likely come after IRAs to pay for it. Fiscal slight of hand, and the we oldies die off and nothing more to fret over.


16 posted on 06/13/2022 1:33:16 PM PDT by Afterguard (Deplorable me! )
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To: Red Badger

stripping out the rhetoric, what effect would this have on the increase?


17 posted on 06/13/2022 1:33:22 PM PDT by Truth29
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To: Sacajaweau

“Obviously, the 5.9 we received in January is insufficient measured against the present inflation rate. Groceries and gas prices are killing us seniors.”

Don’t forget the 14.5% increase in Medicare Part B that they automatically deducted from the SSA at the same time.


18 posted on 06/13/2022 1:34:05 PM PDT by Ben Dover
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To: Sacajaweau

“Groceries and gas prices are killing us seniors.”

..and federal, state, and local taxes.


19 posted on 06/13/2022 1:37:33 PM PDT by Bonemaker (invictus maneo)
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To: for-q-clinton

When l think of where we would be if the rats were prevented from stealing the election….


20 posted on 06/13/2022 1:37:58 PM PDT by gibsonguy
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