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Congress should be directing monthly increases to SS to match inflation numbers. Instead they'll wait and see which party can promise they'll do just that bett
by thrill 5y ago
Congress should be directing monthly increases to SS to match inflation numbers. Instead they'll wait and see which party can promise they'll do just that better than the other party if they get the votes.
- deleted 5y ago[deleted]
- dragonwriter 5y ago> Congress should be directing monthly increases to SS to match inflation numbers Post-retirement SS benefits are tied to inflation, but in occur annually. (Retirement baseline is adjusted pre-retirement by a wage index, rather than inflation.)
- thrill 5y agoYeah, I could have been clearer. It should be done monthly since it affects people immediately.
- zthrowaway 5y agoAnd where's the money going to come from for that? We are in this mess because we are printing money out of thin air, artificially increasing the money supply without the output to match. What you propose continues to amplify the root cause.