There won’t be a COLA increase paid this January, and probably not in January 2011, either. But the cause is volatile oil prices, not anything done by the current Congress.
Social Security site: "A COLA is an automatic adjustment in benefits that occurs annually. The purpose of the COLA is to ensure that the purchasing power of Social Security and Supplemental Security Income (SSI) benefits is not eroded by inflation. It is based on the percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from the third quarter of one year to the third quarter of the next. If there is no increase, there is no COLA."
I know, it's just no fun when Facts get in the way of Propaganda!
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
"While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat."
SS Cost Of Living is the same as it was under Bush, & Clinton.
Or are you just "VENTING"?
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
The Social Security Administration announced earlier this year that it would be funding electronic medical records. That much is true. But the author of the e-mail is wrong about whom the records are for and how they are being financed. "The only thing this e-mailer gets right is the amount," said Mark Hinkle, a spokesman for the Social Security Administration. "This has absolutely nothing to do with members of Congress." In August, the SSA announced the "availability of $24 million in contracts to provide the agency with electronic medical records to improve the efficiency of its disability programs." Hinkle said that the records will make the process easier for members of the public who are applying for disability benefits. The agency further explained the need for the electronic records in its August news release:
....yeah, you are right. Everything cost pretty much the same, except property taxes have been the only thing to triple since then. I guess the imbecile government can't control itself like the rest of the world can.
"While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat."
Social Security has gone bust! There is no money in our 'social security bank account'.They spent it! Now it is coming back to bite the government in the a$$. Just another hand out program that the government created and does not know how to manage!!
Now with the deep recession and people having less kids to join the work force (if there were jobs), there is even less money going into the social security program!!! Gee, guess the founders and those that followed, didn't plan for the 'rainy days', huh?
Ah so what the hell, social security ain't working, freddie and fannie aren't working, so lets create a health care beast! These people have LOST THEIR MINDS!
When the INSANE are running the ASYLUM In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. -- Friedrich Nietzsche
“How fortunate for those in power that people never think.” Adolph Hitler
When it reaches the point where the government can't fund all the entitlements that they have created the whole country will turn on them and there won't be anywhere for them to hide.
Social Security has gone bust! There is no money in our 'social security bank account'.!
There is NO social security bank account, there never was one.
The modern conservative is engaged in one of man's oldest exercises in moral philosophy; that is, the search for a superior moral justification for selfishness. John Kenneth Galbraith
Ask the democraps who ran congress for 40 years where it went.
"While Foreign Terrorists were plotting to murder and maim using homemade bombs in Boston, Democrap officials in Washington DC, Albany and here were busy watching ME and other law abiding American Citizens who are gun owners and taxpayers, in an effort to blame the nation's lack of security on US so that they could have a political scapegoat."
Logged
