We just got a notice from the Social Security Administration about SS payments to us for the coming year. After two years of no changes, we see we have received a 3.8 percent increase.
Where is it coming from? Haven’t the ‘working families’ been receiving a 2 percent reduction in their Social Security payments – also known as the Payroll Tax? So where is the money coming from?
Oh, right. There’s that unspent Stimulus money that we were all wondering about.
Talk about “sustainable” the favorite word of Greenies and Leftists everywhere – is this sustainable? The money coming into the system is declining, workers paying into the system are declining, SS recipients are living longer than ever… Something has to give.
And what about inflation? Have you seen any? Sure, a few food items, but what else? Gas prices are down, housing prices are down (when a house sells at all), unemployment is high and stagnant at 8-9 percent.
So, what gives?