No Inflation (According to Social Security)

[carguym14]

Heard this on the radio yesterday-No increase for the 58million people collecting social security.No inflation.Makes me feel better.

http://www.npr.org/templates/story/story.php?storyId=130483822&ft=1&f=1006


58 million on social security.How many millions on welfare/public assisstance?Out of a population of what?306 million?Damn.Wonder what the percentage of people actually working/paying taxes is??

[cpd109]

Originally posted by carguym14
Heard this on the radio yesterday-No increase for the 58million people collecting social security.No inflation.Makes me feel better.

http://www.npr.org/templates/story/story.php?storyId=130483822&ft=1&f=1006


58 million on social security.How many millions on welfare/public assisstance?Out of a population of what?306 million?Damn.Wonder what the percentage of people actually working/paying taxes is??

Not to whine, but point out, that military and probably federal retirement is also linked to cost of living. No inflation, no increase. At least they didn't take any out last year when it didn't go up.

But wait, my retirement income went down since the tax on it WENT UP. I thought that wasn't suppose to happen? Silly me.

[FNfreak]

Debasement in the value of Dollar IS INFLATION, although is ISN'T called such...

So Uncle BEN screws 58million Americans because "A Rose by any other name..."

[RG Coburn]

58 million people pulling cookies out of the jar vs. how many putting them in? Of the roughly 300 million,how many are children? Not working? Mentally retarded? Criminal? I would bet there are less than 100 million actually putting money in,and that might be a high figure.

[cpd109]

Originally posted by RG Coburn
58 million people pulling cookies out of the jar vs. how many putting them in? Of the roughly 300 million,how many are children? Not working? Mentally retarded? Criminal? I would bet there are less than 100 million actually putting money in,and that might be a high figure.

I see what you're saying. However, if they had invested a small sum for me per month, expecting me to retire at some point, over the years it would have been there, esp considering that if they did that for the 4 or 6 or 10 year folks that got out at that point without drawing retirement, there should have been enough to go around. However, these guys spent every nickle they got, and then kept on spending. Same exact thing with social security. So I work until I die. With this economy, I am kinda of thinking that way anyway. Then you get into the death taxes and that really pi$$es me off. But that is another feral gubmint story.

And I think 100M actually putting money in is high. And I thought they phased out welfare a few years ago. Still seems to be around. But that's just my thinking.

[1gewehr]

Looks like 'real' inflation is running about 8%.
http://www.shadowstats.com/alternate_data/inflation-charts

Does anyone really believe government numbers anymore?

[D P Six]

Wonder what the condition of SS would be if it hadn't been transformed into a universal slush fund? Might even be solvent. Well I wasn't asked if I wanted to participate and make 'contributions' to SS so I am guilt free in sucking every cent out of that sacret cow untill it falls over dead. Hmmm, another week untill my next check arives. Collect it while you can.