Posted on 12/16/2022 7:45:55 AM PST by ChicagoConservative27
They’ll take it back somewhere and from those cannot afford it.
The inflation rate is 13%
Supposedly, Medicare is going down by $5 or $10. I’ll believe it when I see it. I have seen anything in the mail about it, but I have a stack of SS/Medicare mail that I haven’t gone thru.
Have the shots killed enough of us off so that they can now lower Medicare Part B premiums?
Not if the Republicans can help it...
https://www.breitbart.com/economy/2022/11/11/mitt-romney-cut-gop-voters-wages-fix-inflation/
Excellent post.
Corporate earnings will be falling next year.
Liquidity will become problematic.
And stocks are still overvalued.
Its going to get real in 2023.
And inflation
I really need a good definitional education on “inflation.”
************
The government has tortured the measurement metrics and methodologies so much there is no reliable number that you can use. Obfuscation is the name of the game to keep the masses from realizing that their purchasing power is rapidly diminishing and their standard of living is declining.
If they say inflation is 7% you might want to make your own adjustment of say...50% or more to get closer to the real number.
Got to pacify the sheeple don’t you know.
140 a month,,,
Gee
I’ll try a Corvette.
What good is the bump when Medicare takes it back.
-$ Eleventy-two.
In effect, the government is simply printing the money. There is always plenty more where that came from.
Government right now collects about 50% of the revenue it spends from taxes. The rest of the money comes from "borrowing".
The borrowed money comes from treasury bills which the central bankers (The Federal Reserve) create out of absolutely nothing. They take a percentage off the top as interest and pass the rest along to the government.
You bet that is pure inflation. The beneficiaries are the bankers, the government, and people who have the connections to get first run at the government cheese passed around as contracts or payments to government employees, or welfare payments. Yes, Social Security is another welfare program.
Everybody else is getting their pockets picked by higher prices. Those higher prices get blamed on "greedy corporations", or unreasonable wage demands from workers. That works every time to distract the victims.
It's the government that causes inflation.
Another thread says current inflation is 13.2%
the notice will look like a postcard you have to open
My December payment, last Wednesday, was the same as my November payment.
The increase means that the wife and I can begin eating a better grade of canned dog food...
Although she (an 84-year-old optimist) views it as an additional amount available for her weekly trips to the MGM at National Harbor...
My sister is on SSI and she said the increase she got in 2022, they took away 30.00 from her Minnesota supplemental income so she received maybe half of the increase.
“I’ve suspected that, but I really need a good definitional education on “inflation.””
Everyone uses the term to mean different things.
What you can do is look at your personal inflation.
Look at all of the bills you paid a year ago and compare them to similar bills you pay today.
That will give you a nice sampling of what is happening in your world.
Look at all of the bills you paid a year ago and compare them to similar bills you pay today.
Oh, I do that. Staples like groceries are key. Eggs - up 40%. Milk. Up 35-45%. Eating out is now outrageous, probably up 40%.
I'm using a base of the start of 2022. All Biden's baby.
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