• https://libertarianinstitute.org, by Ryan McMaken
After French protestors took the street to complain about the increase in the retirement age, I read quite a few jokes in social media about how protesting in France is the local pastime.
International Man: The Social Security Administration recently announced an 8.7% cost of living adjustment for next year. That's the largest increase in over 40 years.
International Man: The Social Security Administration recently announced an 8.7% cost of living adjustment for next year. That's the largest increase in over 40 years.
Less than an hour after US core CPI surged to 40-year highs, the Social Security Administration announced that benefits for around 70 million Americans will increase 8.7% in 2023.
Social Security has a problem. As Democrats push to expand entitlements to include free preschool and subsidized child care, little attention is getting paid to Social Security is a financial trainwreck.
Just When Social Security Was About To Collapse A Half Million American Retirees Died Prematurely Of COVID-19. That Saves ~$48.5 Billion. Was This All Pre-Planned?
Biden will give around 70M retirees a 5.9% boost in Social Security payments in the biggest cost of living adjustment in 39 years - to keep up with rampant inflation under his administration