Obama cuts social security...

Discussion in 'Current Events' started by gipper, Dec 20, 2015.

  1. gipper
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    gipper Libertarian/Anarchist

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    Why has the media not reported it?
     
  2. Dont Taz Me Bro
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    Dont Taz Me Bro USMB Mod Staff Member Gold Supporting Member Supporting Member

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    Maybe because it didn't, hence the reason you included no link to any reliable source of this alleged occurrence.
     
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  3. Nutz
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    Nutz BANNED

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    LOL...when you get owned by donttazmefag...you are forever an idiot.
     
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  4. Moonglow
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    Moonglow Diamond Member

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    There is no COLA for 2015....
     
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  5. Nutz
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    Nutz BANNED

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    Why this thread was booted to the rubber room....

    Oh wait, I know why. Carry on!
     
  6. tyroneweaver
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    tyroneweaver Gold Member

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    But when the gop does it, it's called a cut.
    So by dem definition it's a cut.
     
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  7. Moonglow
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    Moonglow Diamond Member

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    call it what ever you need to to pass turds...
     
  8. JoeTheEconomist
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    JoeTheEconomist VIP Member

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    COLAs aren't a party specific reduction of benefits. They are mathematical formulas. The level of inflation justifies zero increase in benefits.

    People tend to confuse COLAs with raises. They aren't. COLAs are an adjustment to preserve the buying power of benefits. When you have no inflation, you get an adjustment of zero.
     
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  9. JoeTheEconomist
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    JoeTheEconomist VIP Member

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    Are you talking about the elimination of File And Suspend? It is a filing strategy that was created in 2000. It isn't like seniors worked or paid for this benefit. Congress created it by magic. If Congress ends it, you are losing nothing. It is a reward for someone's knowledge of how to file paperwork. It serves no economic purpose. In terms of general welfare, it is a subsidy by the poor of the those affluent enough to exercise the strategy. It needed to go.
     
  10. tyroneweaver
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    tyroneweaver Gold Member

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    Mean while my medicare payment went up $50 a month to $154 a month. Thx Obama.
    So I've had a net loss.
    I think I should get a sty-pen from all the border jumpers in this country.
     
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