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  1. #21  
    Ancient Fire Breather Retread's Avatar
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    http://money.cnn.com/2016/10/18/reti...benefits-cola/

    I stand corrected.

    The typical retiree's monthly Social Security check will get only $3.92 bigger next year.
    That amounts to an increase of just 0.3% -- the smallest ever put in place to help cover higher prices.
    It's not how old you are, it's how you got here.
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    A man is but a product of his thoughts. What he thinks, he becomes. Gandhi
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  2. #22  
    Ancient Fire Breather Retread's Avatar
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    June 2017 = 238.813

    SS trustees predict a 2.2% increase for 2018

    Base number is either 233.57(2015) or 235.61(2016)

    I think it should be the lower of the two.
    Last edited by Retread; 09-12-2017 at 10:35 AM.
    It's not how old you are, it's how you got here.
    It's been a long road and not all of it was paved.
    A man is but a product of his thoughts. What he thinks, he becomes. Gandhi
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  3. #23  
    Ancient Fire Breather Retread's Avatar
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    July 2017 = 238.617

    August numbers announced Thursday.
    It's not how old you are, it's how you got here.
    It's been a long road and not all of it was paved.
    A man is but a product of his thoughts. What he thinks, he becomes. Gandhi
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  4. #24  
    PORCUS STAPHUS ADMIN Rockntractor's Avatar
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    Hmmm, we may be able to buy that 10# chub of 70-30 ground beef we've been eyeing at the Walmarts.
    Woe to those who call evil good, and good evil;
    Who substitute darkness for light and light for darkness;
    Who substitute bitter for sweet and sweet for bitter!
    21 Woe to those who are wise in their own eyes
    And clever in their own sight! Isaiah 5:20-21 NASB

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  5. #25  
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    COLA is computed in a totally disingenuous way. If a 16 ounce can of coffee was $5 and now they only sell a 12 ounce can for $5 the price has gone up 33%. But government inflation calculations consider the 12 ounce can as a totally new product so there is no impact on COLA.

    Meanwhile the federal government becomes clinically obese with baseline budgeting.

    It's all total
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  6. #26  
    Ancient Fire Breather Retread's Avatar
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    Quote Originally Posted by old dog View Post
    COLA is computed in a totally disingenuous way. If a 16 ounce can of coffee was $5 and now they only sell a 12 ounce can for $5 the price has gone up 33%. But government inflation calculations consider the 12 ounce can as a totally new product so there is no impact on COLA.

    Meanwhile the federal government becomes clinically obese with baseline budgeting.

    It's all total
    In more ways than that. Look back over this thread as to what is and is not in the "basket of goods" being considered for SS adjustments. More BS.
    It's not how old you are, it's how you got here.
    It's been a long road and not all of it was paved.
    A man is but a product of his thoughts. What he thinks, he becomes. Gandhi
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