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Honored Contributor
Posts: 10,794
Registered: ‎03-09-2010

@kitcat51 wrote:

A raise? Good grief, it's the cost of inflation & the rate doesn't include everything it should. Before 2020 inflation was 1.4, gas average $2.65 now $3.79, 30yr mortgage rates 2.65 now 7.7 NSDAQ up 13,000+ now -10,000+, grocery increase 3.5 now 13.5, electricity rose 1.5 now 15.8 & I could go on with the bad news. The increase is a drip in a bottomless water bucket & it's going to get worse. 


 

Be sure to not vote for politicians who have said they want to cut SS, privatize SS, or eliminate it. There are several politicians touting this, mostly behind the scenes. One has to pay attention and search out the truth to know who they are. You'll never find those facts on partisan news.

 

One of my state's senators said she thought it would be best to have closed door meetings without reporters or leaks to slash SS and Medicare. And yet the people who would be hurt the most still voted for her. 

Honored Contributor
Posts: 10,794
Registered: ‎03-09-2010

@MaverDaver wrote:

It's unfortunate that inflation triggered this large percentage and most of it will be eaten up by the end of 2022 and we'll be back at square one trying to keep our heads above water. BTW it's my understanding the CPI is calculated based on purchases made by much younger adults (those pre-social security eligibility) therefore the goods/services purchased by them is not in line with goods/purchases by seniors.

 

This out of control inflation is what you reap after 'giving away the farm" with those stimulus checks!


 

The stimulus checks were a mere drop in the bucket. No matter, they helped regular people instead of just the wealthy.  

 

Greed, price gouging, corporate welfare, farm welfare, and cutting taxes for big corporations and the wealthiest were humongous reasons here in the U.S. and amount to $2,000,000,000,000++ per year. THAT is giving away the farm.