Social Security Benefits Are Slowly Getting Destroyed by Inflation, and a Debt Ceiling Crisis May Do More Harm
Social Security recipients have been battling inflation for over twenty years now, usually in failure. The problem might worsen if the present debt ceiling crisis isn’t handled, and it’s unlikely to improve till politicians modify how annual cost-of-living adjustments (COLAs) are determined. The nation’s oldest individuals who resigned around 2000 have reduced 36% of their … Read more