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To: SpokeshaveReturns

Q3 inflation will be “unexpectedly” low as it’s used for 2023 Social security COLA increases.


16 posted on 07/13/2022 7:43:47 AM PDT by Oldeconomybuyer (The problem with socialism is that you eventually run out of other people's money)
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To: Oldeconomybuyer

https://www.thinkadvisor.com/2022/07/13/social-security-cola-estimate-set-at-10-5-for-2023-as-inflation-accelerates-in-june/

COLA is based Q3-2022 vs. Q3-2021. Unless they build a time machine, there is no unbaking the cake.


30 posted on 07/13/2022 8:03:20 AM PDT by Go_Raiders (The fact is, we really don't know anything. It's all guesswork and rationalization.)
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To: Oldeconomybuyer
Q3 inflation will be “unexpectedly” low as it’s used for 2023 Social security COLA increases.

The Social Security COLA increase for 2023 is calculated based on the inflation from Q4 2021 through Q3 2022.

58 posted on 07/13/2022 9:10:24 AM PDT by DoodleDawg
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