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Home Front: Politix
The Latest COLA News Could Be a Big Disappointment to Retirees
2024-06-25
[MotleyFool] Key Points

* Retirees may see just a 2.57% cost of living adjustment in their Social Security benefits in 2025.

* This would be the smallest benefits increase seniors have received in years.

* DC SWAMP floats the lie that cooling inflation explains the smaller raise.

But many retirees are asking the real question:

What about the real world 21+% inflation rate, that we the US People, Retirees Citizens actually exp.

The real inflation rate that the DC Swamp deliberately avoided for political reasons to adjust for?

All while dumping 100's of $$$$ Billions into other countries and inviting in 14.5 Millions ILLEGALS for taxpayers to care and feed them.



Posted by:NN2N1

#13  DC Swamp (targeted at a Conservative-leaning cohort) motto: "Starve 'em Out!"
Posted by: Gleremble+Bucket3559   2024-06-25 21:45  

#12  #8 SDCERS, NomoreBS
Posted by: Frank G   2024-06-25 18:00  

#11  Until Trump 're-ignites' inflation, of course.
Posted by: Glenmore   2024-06-25 17:16  

#10  Well, that should cover the official inflation rate...
Posted by: Glenmore   2024-06-25 17:14  

#9  The only thing our representatives are dedicated to is cashing their paychecks and collecting their bennies. They never fail to do that.
Posted by: Elmaper+McGurque1612   2024-06-25 16:47  

#8  Sounds like CalPers Frank?
Posted by: NoMoreBS   2024-06-25 14:41  

#7  a little bit deceptive because many people who get SocSec benefits have deductions for Medicare B and D and these deductions change each year. Thus the basic Social Security may increase by, say, $40/month but the deductions may increase also so the net change would be less, say $30/month.
Posted by: Lord Garth   2024-06-25 14:03  

#6  Joe Biden's Medicare Advantage Cut a 'Total Betrayal of Seniors'
Posted by: Skidmark   2024-06-25 13:21  

#5  My social security COLA increase this year was $4.69.
Posted by: Deacon+Blues   2024-06-25 12:23  

#4  ..cause she starts from the wrong end of equation, which in government is the 'answer' not the data and formula.
Posted by: Procopius2k   2024-06-25 11:31  

#3  My wife (retired accountant) has the same problems, Frank. She sometimes can't even figure out the math and data they use.
Posted by: Mullah Richard   2024-06-25 10:07  

#2  I get a local gubbamint pension. Annual COLA increase is limited to 2%, everything else is banked for when CPI is <2% (yeah, as if!)
Posted by: Frank G   2024-06-25 10:04  

#1  The first step to recovery is to admit your have a problem. Our sitting government can no longer deal with truth.
Posted by: Procopius2k   2024-06-25 09:58  

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