Another casualty of Biden inflation

[Chainsawmassacre]

SS was already going broke but Biden inflation will hasten its demise. The younger generation will suffer for a very long time due to Biden and democrats free for all spending spree.

"Rising inflation has triggered a sizable increase in Social Security’s annual cost-of-living adjustment, or COLA, for 2022. The Social Security Administration announced the 5.9% COLA on Wednesday after a Labor Department report on inflation during September.

Over the last 10 years, the Social Security COLA has averaged about 1.7% annually as inflation remained low. But the economic recovery from the coronavirus pandemic has triggered rising prices for a wide range of goods and services, and that will translate to bigger checks for retirees."

Why Social Security’s annual cost-of-living adjustment will jump next year

Rising inflation has triggered a sizable increase in Social Security’s annual cost-of-living adjustment, or COLA, for 2022. The Social Security Administration announced the 5.9% COLA&nbs…

ktla.com

 

[CaughtInThe]

It's like a bunch of 18 year olds that have never been around politics or the economy are suddenly posting. They have no idea how things will ebb and flow after major events.

Maybe we just need to give them some time so they can understand how life works.

 

[Esoteric]

after major events.

what major event? oh ya, tyrants shutting down the economy and messing everything up

 

[Mycroft]

It's like a bunch of 18 year olds that have never been around politics or the economy are suddenly posting. They have no idea how things will ebb and flow after major events.

Maybe we just need to give them some time so they can understand how life works.

Are you saying the Associated Press, who wrote that article, or KTLA, who echoed that article, are "like a bunch of children"?

Or did the OP trigger you for rightfully assigning the blame for the current surge of inflation to the Biden administration?

 

[CaughtInThe]

what major event? oh ya, tyrants shutting down the economy.

I mean really, who cares about 8 million humans? Let's kick those pro life people to the curb.

 

[Esoteric]

I mean really, who cares about 8 million humans? Let's kick those pro life people to the curb.

death counts of people over 75 dont count, they are already on deaths door

 

[Greenbeard]

death counts of people over 75 dont count, they are already on deaths door

That's one way to shore up the old Social Security finances.

 

[EMNofSeattle]

I mean really, who cares about 8 million humans? Let's kick those pro life people to the curb

There’s no individual right to survive a disease.

 

[BirdinHand]

A whopping $92/month. Gosh…what a windfall. Seniors living in social security might be able to buy a meager amount of groceries after paying their heating bills this winter.

 

[CaughtInThe]

Are you saying the Associated Press, who wrote that article, or KTLA, who echoed that article, are "like a bunch of children"?

Or did the OP trigger you for rightfully assigning the blame for the current surge of inflation to the Biden administration?

I'm saying that a whole bunch of people don't even realize the things that can/will happen after a global pandemic. It's like they're 18 year olds and have no basic life experiences.

 

[CaughtInThe]

There’s no individual right to survive a disease.

I bet that comes straight from the church of Satan.

 

[Esoteric]

There’s no individual right to survive a disease.

all of the covid rules are bad for human health. stay locked up, wear masks, etc...

 

[Esoteric]

I bet that comes straight from the church of Satan.

realism is better then idealism

idealism is just virtue signalling to get votes

 

[Excast]

what major event? oh ya, tyrants shutting down the economy and messing everything up

Do you think that the economy would have magically remained stable if we had just ignored Covid and even more people ended up dead?

 

[danielpalos]

SS was already going broke but Biden inflation will hasten its demise. The younger generation will suffer for a very long time due to Biden and democrats free for all spending spree.

"Rising inflation has triggered a sizable increase in Social Security’s annual cost-of-living adjustment, or COLA, for 2022. The Social Security Administration announced the 5.9% COLA on Wednesday after a Labor Department report on inflation during September.

Over the last 10 years, the Social Security COLA has averaged about 1.7% annually as inflation remained low. But the economic recovery from the coronavirus pandemic has triggered rising prices for a wide range of goods and services, and that will translate to bigger checks for retirees."

Why Social Security’s annual cost-of-living adjustment will jump next year

Rising inflation has triggered a sizable increase in Social Security’s annual cost-of-living adjustment, or COLA, for 2022. The Social Security Administration announced the 5.9% COLA&nbs…

ktla.com

We should raise more tax revenue by raising the minimum wages.

 

[ttwtt78640]

That's one way to shore up the old Social Security finances.

Maybe not after the 5.9% COLA raise.

 

[Mycroft]

I'm saying that a whole bunch of people don't even realize the things that can/will happen after a global pandemic. It's like they're 18 year olds and have no basic life experiences.

For sure...and one thing that happened was the Biden administration.

 

[CaughtInThe]

realism is better then idealism

idealism is just virtue signalling to get votes

I bet WWII vets in foxholes, when one got shot in the leg, said similar stuff about not having the right to survive

Do all of you guys belong to the church of satan?

 

[Excast]

For sure...and one thing that happened was the Biden administration.

Yes. It turns out that most voters weren't really thrilled by the Trump response to the pandemic of lying as much as possible and desperately hoping it would just go away on it's own.

 

[EMNofSeattle]

I bet WWII vets in foxholes, when one got shot in the leg, said similar stuff about not having the right to survive

Do all of you guys belong to the church of satan?

They also weren’t such giant ******s that they would’ve shut down society over the cold

 

[EMNofSeattle]

Yes. It turns out that most voters weren't really thrilled by the Trump response to the pandemic of lying as much as possible and desperately hoping it would just go away on it's own.

The ironic thing being polls consistently show now voters regret voting for Biden and in nearly all cases the virus has gone away just by people not caring.

 

[Mycroft]

Yes. It turns out that most voters weren't really thrilled by the Trump response to the pandemic of lying as much as possible and desperately hoping it would just go away on it's own.

LOL!!

Sorry, but Trump didn't cause this surge in inflation.

 

[CaughtInThe]

They also weren’t such giant ******s that they would’ve shut down society over the cold

A cold.

There you go folks. Now you know never to believe what poster ever says about this global pandemic.

 

[Esoteric]

Do you think that the economy would have magically remained stable if we had just ignored Covid and even more people ended up dead?

yes

ignore covid

and ignore all the other things the democrats talk about

just let the free market rip

 

[code1211]

SS was already going broke but Biden inflation will hasten its demise. The younger generation will suffer for a very long time due to Biden and democrats free for all spending spree.

"Rising inflation has triggered a sizable increase in Social Security’s annual cost-of-living adjustment, or COLA, for 2022. The Social Security Administration announced the 5.9% COLA on Wednesday after a Labor Department report on inflation during September.

Over the last 10 years, the Social Security COLA has averaged about 1.7% annually as inflation remained low. But the economic recovery from the coronavirus pandemic has triggered rising prices for a wide range of goods and services, and that will translate to bigger checks for retirees."

Why Social Security’s annual cost-of-living adjustment will jump next year

Rising inflation has triggered a sizable increase in Social Security’s annual cost-of-living adjustment, or COLA, for 2022. The Social Security Administration announced the 5.9% COLA&nbs…

ktla.com

The problem is not with the Biden Administration.

The program was set up as a Ponzi Scheme. In any other area of interaction between people, the folks who set this and are running it would be doing hard time.

Think, "Bernie Madoff".

Anyone who is seriously trying to remedy the problems with SS will present a conversion to 401K's. Any other suggestion is merely a continuation of the scam.