Social Security Benefits to Rise 2.3%, Linked to Infation?

This is another scam. And partial explanation of deliberately understated inflation statistics as reported by Uncle Sam. Social Security benefits are linked to inflation.

Now you can certainly argue that social security is a disaster. It is. And that we should just give people their money back and wrap the whole thing up. No young person who has thought about it, thinks there will be anything left for them in the way of "benefits". But there is no money there now either because Congress spent it already. Ha! Ugggh.

However, society does have some responsibility to those less fortunate. And the purposeful deception of our seniors is wrong. Where is the AARP on this?

Here's the link from Fixed News...Link. Where I lifted this brief explanation.

"The 2.3 percent increase in the cost-of-living adjustment that will go to 50 million Social Security recipients is the smallest in four years even though many prices are rising more quickly this year than last year.
Blame it on the vagaries of how the government computes the annual COLA. The price change is based on the amount the Consumer Price Index increases from July through September from one year to the next."