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To: tobyhill

What is the basis for any increases at all?


2 posted on 10/14/2012 6:47:47 AM PDT by Jim Noble (Diseases desperate grown are by desperate appliance relieved or not at all.)
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To: Jim Noble; tobyhill

It’s a COLA. This assumes old people don’t eat or drive.

http://www.zerohedge.com/contributed/2012-10-12/inflation


3 posted on 10/14/2012 6:50:44 AM PDT by Perdogg (Vote like the US Constitution depends on it - it does!!)
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To: Jim Noble
It's to buy votes.
5 posted on 10/14/2012 6:51:46 AM PDT by tobyhill (Obamacare, the final nail in the US coffin.)
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To: Jim Noble
COLA or Cost Of Living Adjustment. Supposedly you are suppose raise or lower the amount of the SS payment by the inflation rate. So a 2% inflation would equal a 2% raise in the payment.

But the US government likes to play games with the numbers.

6 posted on 10/14/2012 6:53:31 AM PDT by Harmless Teddy Bear (Fate plays chess and you don't find out until too late that he's been using two queens all along)
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To: Jim Noble
What is the basis for any increases at all?

To keep people who went on it, after paying in their working lives, 25 years ago from trying to subsist on 1985 monies in a 2012 cost-of-living? Much as it should have never been put in place, the fact is that folks bought into the gov't pogrom and are now stuck with it unless they still have some working years to change venues.

19 posted on 10/14/2012 7:54:05 AM PDT by trebb ("If a man will not work, he should not eat" From 2 Thes 3)
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To: Jim Noble

I’ll buy more ammo with mine!


20 posted on 10/14/2012 8:04:24 AM PDT by SWAMPSNIPER (The Second Amendment, a Matter of Fact, Not a Matter of Opinion)
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To: Jim Noble

The basis is inflation - but those of us who are retired are fortunate that the price of gasoline, food, and medical care hasn’t gone up under that jerk, Obama... /s


27 posted on 10/14/2012 9:09:42 AM PDT by GOPJ (You only establish a feel for the line by having crossed it. - - Freeper One Name)
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