In 1975, when Social Security disbursed the first COLA, recipients - TopicsExpress

In 1975, when Social Security disbursed the first COLA, recipients got an 8% raise. A 2015 COLA of less than 2% is based on the current rate of CPI-W inflation. Yet, how is it possible for inflation to be this low when everyone experiences the meteoric rise in the price of the most basic goods and services? For example, between September 2013 and September 2014, the cost of food (eating at home via grocery stores) increased 3.2% according to the U.S. Department of Agriculture Economic Research Service. globalresearch.ca/how-u-s-governments-understate-inflation-to-lower-payouts-for-social-security-and-other-entitlements/5423336

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