protectionist
Diamond Member
- Oct 20, 2013
- 62,917
- 22,642
- 2,250
I just changed my political party from Republican to Independent. Yes, I agree with Trump on a variety of things BUT there is one glaring (if not terrifying) thing that is staring me in the face, that I don't see anybody even talking about, much less dealing with it. That is the outrageous discrepancy between the yearly Social Security COLA (Cost of living Adjustment) increase in our monthly Social Security check, and the monstrous housing rent increases that landlords have been walloping us with.
So what does this mean in $$ & cents ? The 2025 & 2026 COLAs both were 2.8%. So our Social Security checks went up 2.8%.
This gave me a "whopping" (insulting) $31/month more to my income. At the same time, my apartment rent went up $104. So I LOST $73 per month. That's like going out in the street and being mugged for $73 once every month. Or being mugged for $876 once a year. Or $4,380 every 5 years.
For $4,380, I could buy a helluva nice guitar and mandolin, both of excellent quality.
It would be nice if some politicians were to even BE TALKING ABOUT THIS, much less doing something about it.
So, all you seniors out there, collecting Social Security, have you contacted your folks in Congress ? A 2018 study done by the Senior citizens League showed a noticable 34% loss of buying power since 2000 - and that was before housing rents went on their astronomical surges of the 2020s (and showing no sign of diminishing). REMEMBER >>> If your congressmen don't hear from you, THEY THINK YOURE HAPPY, AND DOING FINE.
Either the rents have to be controlled, or the COLAs need to be increased (or both). Doing nothing is unacceptable. Unless you think getting poorer & poorer with each passing year is acceptable - in which case, you'll need to have your head examined.
Note - 73% of Social Security recipients rely on it for most of their income. 50% rely on it for ALL of their income.
So what does this mean in $$ & cents ? The 2025 & 2026 COLAs both were 2.8%. So our Social Security checks went up 2.8%.
This gave me a "whopping" (insulting) $31/month more to my income. At the same time, my apartment rent went up $104. So I LOST $73 per month. That's like going out in the street and being mugged for $73 once every month. Or being mugged for $876 once a year. Or $4,380 every 5 years.
For $4,380, I could buy a helluva nice guitar and mandolin, both of excellent quality.
It would be nice if some politicians were to even BE TALKING ABOUT THIS, much less doing something about it.
So, all you seniors out there, collecting Social Security, have you contacted your folks in Congress ? A 2018 study done by the Senior citizens League showed a noticable 34% loss of buying power since 2000 - and that was before housing rents went on their astronomical surges of the 2020s (and showing no sign of diminishing). REMEMBER >>> If your congressmen don't hear from you, THEY THINK YOURE HAPPY, AND DOING FINE.
Either the rents have to be controlled, or the COLAs need to be increased (or both). Doing nothing is unacceptable. Unless you think getting poorer & poorer with each passing year is acceptable - in which case, you'll need to have your head examined.
Note - 73% of Social Security recipients rely on it for most of their income. 50% rely on it for ALL of their income.
