Vote Buying At Work

These people aren't getting a cost fo living increase next year. For most them social secutiy is all they live on. One time payment of $250. isn't going to pay rent and buy food for the year. They are starting now to eliminate seniors in our country. Mom is losing her medical coverage, if she can't buy insurance she dies, eliminated by obama.

 

I might be the odd man out, but I don't have any particular sympathy for a person whose only or primary income is Social Security. SS was not designed to be a person's sole or primary source of retirement income. If a person didn't plan for their retirement, the public should not bear that burden.

As for a cost of living increase, the US is actually experiencing a period of deflation according to the IMF, of about a third of one percent, and a deflation of 1.5 percent according to the Consumer Price Index. The right thing to do would be to actually reduce benefits slightly.

 

I agree with your points.

If costs on the whole went down, then why are we troubled by no cost of living adjustment?

And yet another reason I'm not counting on SS being there...and I'm planning as if it's not.

 

Food prices have nearly doubled here in the past 2 years and continue to rise. If people eat food then their cost of living has gone up with the food prices.
Some people are not as fortune as you people here and have never had moeny to save and invest to make sure they have plenty of money for retirement, when your choice is home and food or IRA's you aren't likely to be investing.
And you condem people who chose to take care of their families and feed their children, give them shelter.

 

And if food prices went down 10%, would you then favor a reduction in benefits?

Which makes it the government's responsibility how?

How is it that my own mother, a widow who immigrated to the US and waited tables most of her life, managed to raise three boys all on her own, and still managed to buy a house and save for her own retirement?

I do not. I expect people to be responsible for their own choices. A person who chose to not save for retirement reaps what he sows at retiring.

 

The one time payment will not make up for the cola that would continue on for years to come either.

As to SS, it was a contract between the Government and the people that were required to contribute to the system. It is not you folks taking care of the old folks in theory though that is how it kind of looks like because the government did not invest the money contributed rather than spending it and hoping something would fix it in the future.

 

I might add that it is quite strange the way this is all being reported. Here the news acts like the no cola was announced today along with the check proposal but I received a letter a mont or more ago telling of the no cola???? Media misinformation or did they just miss it when it happened?

 

These increases are built into the law. They're automatic. Obama had nothing to do with taking them away. He's simply trying to help retirees get by by providing something like a 1.8% increase. Does that sound extravagant to you?

You simply don't care about anybody but yourself, do you?
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Retirement
No social security Cost-Of-Living-Adjustment (COLA) for 2010
Andrew Chan October 15, 2009

As expected for some time now, the Social Security Administration (SSA) recently confirmed on their web site that there will not be an automatic cost-of-living-adjustment (COLA) for those who receive monthly Social Security and Supplemental Security Income benefits in 2010.


Under current social security laws, Social Security and Supplemental Security Income benefits increase automatically each year based on the inflation measure known as the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Each prospective year’s COLA is determined based on the change in the CPI-W from the third quarter of the prior year to the current year’s third quarter. Therefore, the COLA for 2010 is based on the change in the CPI-W from the third quarter of 2008 to the third quarter of 2009. Since there was no increase in the CPI-W for that period, there would be no COLA increase for 2010.

 

I work with kids on a daily basis. Most all of my seventh-graders leave you in the dust with regards to maturity.

Without a doubt, you consistenly post some of the most immature stuff on this board. Grow up, man.

 

Bingo.

According to alatide, it doesn't count if you minister to people outside of government. God can't help people unless the US government helps.

It must be sad having a god with such limited power. The God I serve isn't restricted by government statistics.

 

You are correct to a point. I went for years that I didn't pay social security security taxes. Then I got that letter from them telling me I had to pay the back taxes and a rather larger fine. I had told them I didn't want to collect so I wanted out of the program. I had read that preachers, farmers and some other workers didn't have to pay, so I went with that, I was wrong. I lost and man, did it cost, so now I wish to collect.