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SS & SSI COLA Biggest in Seven Years

This just in from ACT@fifthfreedom.org:

Obligatory photo of shop kittie inspecting transformers while I try to get work done.

An informational alert prepared by Fifth Freedom

Information courtesy of the Social Security Administration

The Social Security Administration has announced a 2.8% increase in Social Security and Supplemental Security Income (SSI) benefits for 2019. This increase will benefit more than 67 million Americans. This cost-of-living adjustment (COLA) is the largest in seven years.

The amount of the COLA is determined by inflation as measured by the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). The CPI-W is essentially a list of changes in the price of goods and services purchased by clerical workers, sales workers, craft workers, operative, service workers, or laborers. The CPI-W does not count purchases made by retirees or people not in the labor force.

Doug Schmidt
Executive Director
The Fifth Freedom Network
4606-C E. State Blvd., Suite 102
Fort Wayne, IN 46815
Doug@fifthfreedom.org
http://fifthfreedom.org
http://indianapop.org
http://jobdoozy.org

More Information

For more information, visit the Social Security Administration’s COLA page at http://www.socialsecurity.gov/cola/. For questions, please visit your local Social Security office. You can find addresses and contact information at http://IndianaPop.org.


Bottom Line on US Unemployment, Note 12/20

Note: 20141220
One FaceBook follower noted in a comment to me that my posts “always create huge controversy”. This post was no exception. In fact, the controversy here went beyond the usual name calling and defamation to levels where followers who normally agree at least in part with my observations were claiming my position unreasonable. But they never mentioned any way in which my calculation was actually faulted, only that they didn’t like the result.

This post is mathematical analysis and contains no emotions: mathematics is a modeling tool, not a judgmental hammer! It is a simple mathematical fact that the true unemployment rate, based entirely upon US government Census Bureau and US Bureau of Labor Statistics provided numbers, is at least 29%, Readmore..