Mickey you shared that you are on the welfare program know as social security, so I have a question for you. I am kidding mickey, everyone on all forums understand you earned and are entitled to your social security. Well everyone except one person I guess.
So here is my serious question. The SS cola was over 9% last year and 5.9 the year before if I am not mistaken. That is 15% over 2 years. Of course that kind of cola means there is run-away inflation. I know from my late partner's social security that you never really catch up. The increases are always running behind as well as come 6 months behind the inflation numbers.
So the last couple days I have seen 2 different economic numbers saying inflation is down. (I guess that is from the same month a year ago)
And I see projections that next years SS cola will be 2, maybe 2.2%. The cola is officially determined by the July, August, Sept numbers, so it is just projection at this point. But really how the fuck can they be saying inflation is easing. I place the grocery order for 3 adults in our house, one large order and usually a second smaller order each month, as well as picking up a few things here and there,
and I know food prices continue to rise.
I don't get this idea and numbers saying inflation is easing. Please don't give me the spiel that Joe Biden is to blame. Whichever side is in power fudges the economic numbers released monthly, and often they go back the next month and totally adjust the numbers from the month before.
Anybody that is a consumer, knows inflation is not down right now. I don't get it.