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Posted on 7/2/22 at 10:00 am to stout
Is the way this nation rolls. We got a 5.9% increase a few months ago (SS). However, our Medicare premium went up.
Like most we lose buying power each day and worse is the little we have in investments has been brutalized.
I try not to think much about it other than being a bit more mindful
Like most we lose buying power each day and worse is the little we have in investments has been brutalized.
I try not to think much about it other than being a bit more mindful
Posted on 7/2/22 at 10:06 am to stout
quote:
Sad that people who actually contributed are punished while the free loaders are rewarded
Social Security (i.e. Social Security Trust Fund) is Smoke and Mirrors, Bait and Switch.
In the mid-eighties, Joe Biden and his pals in Congress pulled the ole Bait and Switch on the taxpayers. They stole Social Security. I was there. I watched, in disbelief, on television as they pulled off the heist. The move incensed Senator Daniel Patrick Moynihan (D-NY) so much he glared at his colleagues (including Joe Biden) and said, "It's official we're stealing from the American People". They've been stealing ever since.
The net effect of this theft? Our Social Security receipts are being used to fund the war in Ukraine, to provide benefits for illegal aliens, and who knows what else.
We sure are a gullible bunch.
Here Joe Biden this is for you........
This post was edited on 7/2/22 at 12:27 pm
Posted on 7/2/22 at 10:09 am to Bestbank Tiger
quote:
They get a cost of living adjustment every year.
So retirees on SSI are getting 15-20% increases? Lol!
Posted on 7/2/22 at 10:54 am to stout
They won’t raise it. They want the old conservatives to starve and die off and blame Putin for killing gramps and meemaw.
Posted on 7/2/22 at 11:13 am to stout
quote:
When will social security increase due to inflation?
based on my aunt as well as a neighbor who are on it, they get a once a year adjustment on jan 1st
in most years it was around $20 increase or less, with an accompanying adjustment to the mandatory medicare premiums charging an extra $30 a year for inflation, so in almost every year they get $10 a month less after that offset
both must find a way to live off of around $1200 a month total monthly income, while teenagers flipping burgers bitch that $15 an hour isnt enough for them to work, its pathetic
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