People on Social Security “benefits” will not see a cost-of-living increase in 2016. This is only the third time since 1975 that this has happened, and Social Security recipients are not happy about it for obvious reasons: The annual cost of living adjustment, or COLA, is based on the government’s measure of inflation. This year’s […]
Continue reading →The Social Security Administration has been releasing heavily biased and overly optimistic numbers for about fifteen years, according to a new report by Harvard and Dartmouth: According to the report, the SSA’s actuarial projections in the 1980s underestimated revenues and overestimated costs by $27 billion; in the 1990s, that figure was $200 billion. Now, in […]
Continue reading →In an article in USA Today, ((I think it is odd how many politicians write partisan opinion pieces for major news outlets. It seems obvious to me that fair and unbiased news is less than likely to come from professional liars with a vested interest in swaying public opinion. But alas…)) Bernie Sanders, the Democrat […]
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