For the first time in 35 years the 57 million Americans who were forced to contribute to SS by compulsory wage withholdings will receive no cost of living increase. In other words, a pay CUT. Obama has put the United States into fiscal insolvency with record national deficits and a national debt that is in the high trillions. The next couple generations are already in hock and will be lucky if they can even fund the INTEREST on this out-of-control debt. It's ironic that he helped to hasten the bankruptcy of one entitlement, Social Security, by creating another massive unfunded...
