Posted on 10/13/2021 6:30:48 AM PDT by karpov
"This administration is putting more money into the pockets of our Seniors..."
People expected to see a 5.9% increase in their SS pension check will be surprised as they always are when Medicare premium increases eat up almost all of the COLA.
“Thank you, Lesko Brandon.”
The increase will translate to an addition of $92 to retirees’ average monthly benefit ...
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That should provide for the required downpayment on a pot roast.
Yup, while not telling them they will be paying 10-20% more for just about everything, they will be getting a 5.9% increase in benefits (they paid for).
If inflation continues it will be small potatoes. Gas, food, utilities all going up and there is no top. I’m exceeding my food budget by almost $100 a month and that’s just food. Every bit of that increase will be eaten up just trying to stay level.
Woo Hoo!
And Ferrari sales skyrocket!
if the cola is 5.9% you can bet the inflation rate is much higher
could position Social Security recipients to boost consumption.
nonsense
Just in time for the mid-term election.
Don't forget, seniors, who is responsible for your "raise."
good point
i hear alpo with hot sauce is quite tasty
What’s so shocking is how much groceries have gone up.
There are only two of us and I rarely get out of the market without spending around $100 - and we are not extravagant in any way, I am a coupon clipper - that is for basic food and supplies.
Can’t imagine what the cost is going to be over the holidays when family visits...
It’s like clock work!!!
So, what is continuing to hold interest rates down? Manipulation?
The increase will translate to an addition of $92 to retirees’ average monthly benefit .........About enough for 1.5 tanks of gas? The Gov’t giveth and taketh in taxes and “free” benefit costs. And the beat goes on? This has to be the greatest Brandon upped Admin. in the history of our nation. Its like we’ve been cursed, and an evil spell was applied. Please tell me we aren’t ripe for a dictatorship to stop the insanity. I fear it will come.
Medicare Part B rises by $10.
Social Security Benefits will drop by 22% when system hits Pay as You Go status.
This was engineered into the system in 1933
Social Security Benefits will drop by 22% when system hits Pay as You Go status.
This was engineered into the system in 1933
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