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The Water Cooler
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Social Security COLA figures for 2013 announced.
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<blockquote data-quote="David2012" data-source="post: 1948965" data-attributes="member: 24428"><p>Fox News has released a news article from the AP reporting that the projected Social Security COLA for 2013 will be the lowest since 1975 ...that is if you exclude the 2 years there wasn't any COLA at all in 2010 & 2011. Under Obama, Social Security recipients have seen the lowest cost of living increases than under any other president... but over all inflation has gone sky high. </p><p></p><p>It is a long article, and I was having problems getting it to copy & paste correctly due to copy right protection put on by the web site, so I'll just paste a link to the article. It was from the AP, posted on the Fox News web site.</p><p></p><p>For those of us who were hurt in accidents and forced to retire long before having accumulated very much in a personal retirement account, this is not good news. I go to the store and see that lean ground beef is selling for approx. $4 a pound ...as is a gallon of milk.... and think I may have to go back to eating a lot more fried taters, pinto beans, onion & corn bread like we often had to do when I was growing-up. </p><p></p><p>Heck, I noticed the other night that a 1 pound package of plain old beef Bolo is selling for $4 now. Geesh! It wasn't but 2 year ago you could get Top Sirloin steak for $3.98 a pound...now it is just under $6. And 2 yrs ago, you could could get all you could eat sirloin steak at a Western Sizzlin or Golden Corral for only $7.. now it is $10 fixing to go to $12. Biggest jump in food prices I've seen is in the ground Buffalo & Buffalo steak. It has gone up about $6 a pound in the last 2 years. </p><p></p><p style="text-align: left"><span style="color: #000000">[h=1]Social Security increase for 2013 could be lowest since 1975[/h]Published October 14, 2012</span></p> <p style="text-align: left"><span style="color: #000000">Associated Press</span></p> <p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000"></span></p> <p style="text-align: left"><span style="color: #000000">Read more: <a href="http://www.foxnews.com/us/2012/10/14/social-security-increase-for-2013-could-be-lowest-since-175/?test=latestnews#ixzz29JnMoaKB" target="_blank">http://www.foxnews.com/us/2012/10/14/social-security-increase-for-2013-could-be-lowest-since-175/?test=latestnews#ixzz29JnMoaKB</a></span></p></blockquote><p></p>
[QUOTE="David2012, post: 1948965, member: 24428"] Fox News has released a news article from the AP reporting that the projected Social Security COLA for 2013 will be the lowest since 1975 ...that is if you exclude the 2 years there wasn't any COLA at all in 2010 & 2011. Under Obama, Social Security recipients have seen the lowest cost of living increases than under any other president... but over all inflation has gone sky high. It is a long article, and I was having problems getting it to copy & paste correctly due to copy right protection put on by the web site, so I'll just paste a link to the article. It was from the AP, posted on the Fox News web site. For those of us who were hurt in accidents and forced to retire long before having accumulated very much in a personal retirement account, this is not good news. I go to the store and see that lean ground beef is selling for approx. $4 a pound ...as is a gallon of milk.... and think I may have to go back to eating a lot more fried taters, pinto beans, onion & corn bread like we often had to do when I was growing-up. Heck, I noticed the other night that a 1 pound package of plain old beef Bolo is selling for $4 now. Geesh! It wasn't but 2 year ago you could get Top Sirloin steak for $3.98 a pound...now it is just under $6. And 2 yrs ago, you could could get all you could eat sirloin steak at a Western Sizzlin or Golden Corral for only $7.. now it is $10 fixing to go to $12. Biggest jump in food prices I've seen is in the ground Buffalo & Buffalo steak. It has gone up about $6 a pound in the last 2 years. [LEFT][COLOR=#000000][h=1]Social Security increase for 2013 could be lowest since 1975[/h]Published October 14, 2012 Associated Press Read more: [URL]http://www.foxnews.com/us/2012/10/14/social-security-increase-for-2013-could-be-lowest-since-175/?test=latestnews#ixzz29JnMoaKB[/URL][/COLOR][/LEFT] [/QUOTE]
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