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i don't understand....if the cost of living has gone down (technically here inflation)....why do people with a fixed income (who btw didn't get a "decrease" in payments) need an extra $250?
i don't understand....if the cost of living has gone down (technically here inflation)....why do people with a fixed income (who btw didn't get a "decrease" in payments) need an extra $250?
They decided not to increase COLA last I heard.
um....yeah....so if COL has gone down, why do they need extra money?
I'm saying that last I heard, they didn't increase COLA for seniors (meaning they didn't give them extra money). It was the first time in generations that had happened because inflation was so low.
When did that change?
i understand that....my point is...they did not get a COLA increase because the COL went down.....
if the COL went down, why do they need extra money? the money they have is an increase from last year that was, if i recall correctly, one of the largest since COLA started in 1975....
so, it appears they are in fact currently getting more than the COL as they are never decreased, so why is it obama needs to give them an extra $250?
Right, the point is there is no inflation, in fact there has been a bit of deflation. Since there is no provision to decrease payments they are actually getting more than they used to with no COLA. Why are they getting even more?They decided not to increase COLA last I heard.
Wouldn't it be closer to $11 per month?I bet seniors can hardly contain themselves on what they are going to do with the $20.00 extra a month, der Obama has promised them.
And IM saying, show me where they're actually getting an increase ($250) at all. Last I heard, Republicans were saying Obama hates seniors because he was "cutting their entitlements" but not raising it for the first time in generations.
You guys are so retarded, you wont be happy no matter what the fuck happens.
Nobody's yet linked me to anything saying they're getting more money. Even if they were, they probably deserve the increase in entitlements anyway just because it was pretty damn low to begin with.
You're like a dishonesty factory. I'm not bitching. I'm saying it could probably be justified.
By the way, if you read the article it makes perfect sense.
The recession hit seniors particularly hard. They're living off their investments, which decreased at the end of Bush's term by a HUGE percentage. So they're struggling disproportionately. That's what the money is meant to offset.
By the way, I'm not going to argue this any further. You guys will pick apart anything at all, even when it's reasonable. And you'll never, ever be convinced the government spending money as stimulus is reasonable (which is what this is - a $13 billion stimulus for seniors).