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Yes, it would be nice to at least quote a short excerpt of the article with the article's main topic or premise revealed in the OP.
But the news is shocking. A tiny COLA for SS from our bankrupt government. Who could have guessed? Next we’ll be told that if you need TP, you’re SOL. That seems to be SOP these days.
I read parts of it and it was interesting, if annoying. Prices are going down???? Not around my area! The only thing that has gone down is gas, which of course no one is using much. DH went grocery shopping today and after $150 I watched him bring in a few bags. I waited for more, but that was it. I am on a low carb/low sugar diet and I eat a lot of eggs. But now they are $3/dozen.....were less than a buck before all this garbage. I see almost no sales and no coupons in the paper. Who has time to comparison shop? You just want to get in and get out away from everybody. Shelves are empty and those of us with special diets are pretty much out of luck. I needed several items today for me and DH could only find 2 out of 6, and that was going to 3 stores. I can't go because I have worse health problems than he does, so I can't just browse for produce.
My next nit-pick is...……...how come the COL is a percentage, but the Medicare goes up a flat rate for everyone?? Those with low SS income get a paltry amount while those with the high get a bunch more. But Medicare increases are the same no matter what. Why can't they both be one or the other? Either both are a percentage or both a flat rate. I know some people pay extra for Medicare but that's usually due to the fact they have lots of investment income or had an inheritance.
I think all this quarantine is allowing me to think too much!!!
I saw that the CPI-U for March had dropped to -0.2% the other day. At that time, my immediate thought was Social Security's "harm harmless" provison. It seems to me this would be a good time for those who do not have their Medicare premium deducted directly from their Social Security check but have the option of doing so, to consider making that change before the end of the year. Just in case...
I'm surprised we're getting one at all. We're probably entering a deep recession.
What's more important, though, is that the politicians have plans to try to cut Social Security and Medicare, both. The revenue for the country has been slashed in recent years...this is why the admin. is looking everywhere to cut costs, from firing hundreds of government workers, abolishing entire departments or cutting them to almost nothing, etc. Grasping at straws to get more money to replace the lost revenue (I don't think it's working).
If they cut the senior programs, I hope it's for future recipients and not current ones or soon-to-be beneficiaries, because it is literally too late for most seniors to make up for it. It will spell doom for many at the bottom. We made a deal decades ago. We paid in, did our part. It would be unethical & cruel to change the deal after the beneficiary can't make other plans.
It's sort of like when I bought a car one time. We made a deal. When I got home, I realized I'd been snookered. But nothing to be done about it. Then the dealership called and wanted something more. I told them that if they want to go back to the deal table, let's go. But calling me after the deal and wanting to change the terms to suit just you...that's not right.
I'm guessing that some people read just the post & not the subject line, so don't know what your post is about, or forgot the subject line. Just a guess.
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