Fixed Income, Broken System

@DWDavis (15672)
Pikeville, North Carolina
October 17, 2015 5:45am CST
I haven't read the "official" report on why the guvmint decided Social Security recipients should not get a Cost of Living Increase this year but all the buzz I've seen on social media, and from my own parents, is that the guvmint has decided the low price of gas should make up for the higher price of just about everything else Social Security recipients need to buy to get by, like groceries. While the current low price of gas, which could start rising at any moment, is holding inflation down, most everything else has gone up in price because the greed heads are not passing the savings on fuel costs along to their consumers. Do you think it is true that the guvmint used the single variable of low gas prices to decide not to give Social Security recipients COLAs or do you think there is a more dire reason the powers that be decided they wouldn't give these folks a few extra dollars a month to help pay their bills?
20 people like this
17 responses
@Susan2015 (22159)
• United States
17 Oct 15
I don't believe what they say about almost anything. Prices are going up, food, electricity other things like that. It's a shame to not get at least a small increase. If they cut out all the pork, they would be able to give an increase. They simply waste money. And they don't stop.
8 people like this
@DWDavis (15672)
• Pikeville, North Carolina
17 Oct 15
The members of both houses of congress are so beholden to their campaign contributors that they pork will never stop being spread. It's what keeps them in office. That's why I favor term limits, because the voters are too lazy to vote them out and someone new in.
5 people like this
@Raelove (17737)
• Saco, Maine
17 Oct 15
True? I no longer believe anything these people tell me. I am on SS and was just talking about this with a friend who also is the other day. And last night on the news, I heard the blather about the "price of gas." I guess they really do think we are all idiots out here. I did a bit of digging the other day, and SS is one of the largest pieces of the federal tax dollar pie. I've never been good at math, but I don't need to be to see the scam going on here. But, and here's the Big But: they know that we piddlin' citizens won't do a thing about it but complain. Which reinforces my belief that a democratic system such as the one we have was designed to benefit them and not us.
6 people like this
@DWDavis (15672)
• Pikeville, North Carolina
17 Oct 15
We the voter could change the system if we start voting for the challenger more often and don't let people make a career out of serving in Congress. Being a member of Congress was never meant to be a lifetime job. Pledge to DRAIN (Don't Relect Anyone In November) Congress and we can begin to make a change.
7 people like this
@Raelove (17737)
• Saco, Maine
17 Oct 15
@DWDavis The problem with that is that I am not hearing much good coming from the challengers either. Simply changing the players does not, in my opinion, change a system that is inherently flawed. I used to think like you do. Not anymore.
5 people like this
@DWDavis (15672)
• Pikeville, North Carolina
17 Oct 15
@Raelove But my point is the system is flawed and keeping the same people in office means nothing will change. If we vote the current crop out, give the next two years to show what they can do, and then replace them, eventually a paradigm shift will occur. It won't happen in just one or two election cycles.
2 people like this
@vandana7 (68972)
• India
17 Oct 15
Honestly earnings on myLot and many of these social media sites are not exactly something to write home about. Therefore, I am left to wonder how they are of any help to the Americans considering your cost of living. If these earnings matter then indeed outsourcing needs to stop as of yesterday.
5 people like this
@DWDavis (15672)
• Pikeville, North Carolina
17 Oct 15
I would hope that no one is thinking their myLot or earnings from similar sites will be of sufficient amounts to live off of. The math just doesn't work out.
4 people like this
• Redlands, California
18 Oct 15
I am amazed at why people are surprised by this. What other options do they give many people? No offence, but these sites are the only reason some people see money at all. Apparently they or society maybe both just do not work well together. The way society is going, might think it may be them. Just saying. They are are the ones who like to judge people. They are the ones that try to make people into something they are not. Yes, some of my comment is personal, but can conform. Many simply cannot and if they could..... would not blame them for not doing so. Food for thought. Think about it long and hard before you give me that I am a tough person approach and everyone needs to be that way. That is just not how some were born. Also simply not going to solve the problem. Like saying you can make a gay person straight.
1 person likes this
@vandana7 (68972)
• India
18 Oct 15
@crossbones27 ..actually, there are other sites like iwriter, fiverr, freelancer, and odesk on which people could earn but slightly more hardwork is needed. But it can't be as much as what people from other regions put in. You see, you all are already aware of many things, which are new to us. Therefore, we have to do more reference. Secondly you all already have vocabulary and grammar at your disposal. Therefore, earnings on sites like that offer better returns I thought.
1 person likes this
• United States
17 Oct 15
Short answer NO! I believe they did not want to cut their own pay so they had to cut somewhere and it is always easier for them to cut benefits to those who receive them.
5 people like this
@vandana7 (68972)
• India
17 Oct 15
I think election manifestos should mandatorily mention how they propose to collect taxes and how they want to disburse so that people can make informed choices.
3 people like this
@DWDavis (15672)
• Pikeville, North Carolina
18 Oct 15
Join me to promote D.R.A.I.N. Congress in November.
1 person likes this
• United States
18 Oct 15
@DWDavis Please spell out the Acronym D.R.A.I.N.
@LadyDuck (187620)
• Switzerland
17 Oct 15
If this is the case this sound ridiculous. I know that our parameter is based on a vast variety of items, from electricity to the cost of bread and milk.
5 people like this
@DWDavis (15672)
• Pikeville, North Carolina
18 Oct 15
Our guvmint will find any excuse not to increase benefits to those who worked for them and deserve them in order to provide the rich with tax breaks and corporations with tax credits.
3 people like this
@LadyDuck (187620)
• Switzerland
18 Oct 15
@DWDavis This is sad to say, but all over the world it seems that the governments do their best to help the rich people more than all the rest of the population.
@FourWalls (16205)
• United States
17 Oct 15
Absolutely not. My 88-year-old aunt is on Social Security and she doesn't drive at all, so whether gas is $2.09 or $25.09 doesn't affect her in the least. The fact that milk went up 23%, cat food went up 36%, and bread went up 10% DOES affect her. I'm one of the many who agrees that those multi-millionaires in Congress should try living on Social Security for a year...heck, for a month. Their tune would change.
3 people like this
@DWDavis (15672)
• Pikeville, North Carolina
18 Oct 15
I'm not trying to be funny here, but I do hope the cat food is for your aunt's cat and not what she's eating. I only say that because I've heard stories of the elderly resorting to eating pet food because it was cheaper than people food.
1 person likes this
@FourWalls (16205)
• United States
18 Oct 15
@DWDavis I understand. The cat food is for cats. If she were that destitute I would sell my house and move in with her to help her. Thank you for your concern.
@GardenGerty (105222)
• United States
17 Oct 15
It is an excuse to not give us a cost of living raise. I just started drawing this month, but hubby has for a while. Most years we do not get a COLA.
2 people like this
@DWDavis (15672)
• Pikeville, North Carolina
18 Oct 15
My parents have been drawing for a while. Thankfully they both prepared for Social Security not to be there when they retired.
@liz119 (1)
• Villas, New Jersey
17 Oct 15
When it comes to the gov nothing surprises me :( I read about the COL yesterday!
2 people like this
@Tampa_girl7 (27408)
• United States
17 Oct 15
The lower gas prices is one of the reasons they mentioned on the news last night.
2 people like this
• United States
17 Oct 15
I honestly do not know the reason DW, but I am sure it is not the one they gave for sure.
2 people like this
@Rosekitty (19438)
• San Marcos, Texas
17 Oct 15
I agree with all the answers here and it is just another reason to be messed with I would love for all those who vote on these non adjustments to SS would live off of 1,000 a month and then come back and tell us their vote.
2 people like this
• Chennai, India
18 Oct 15
Oll & gas price reduction has an effect on all the other things. The point am trying to make when there is a fall in prices of oil or gas, industries are the first benefitors. This in turn will help produce the products cheaper & finally the end customer will purchase the product at lower price than expected. Which mean with any little money you have got you spend on things you wanted to spend without feeling the crunch!
1 person likes this
@DWDavis (15672)
• Pikeville, North Carolina
18 Oct 15
It should work that way, but corporations are not passing the savings on to their employees through higher wages or their customers through lower prices. They are rewarding their key, high paid employees with bonuses instead.
• Chennai, India
18 Oct 15
@DWDavis Oh, thats sad.
@jstory07 (72209)
• Roseburg, Oregon
17 Oct 15
They are trying to rip off the people that need their social security and that is a way for them to do it.
1 person likes this
• Preston, England
18 Oct 15
it's rare for the rich to let the less well offs benefit from their windfalls anywhere sadly
• Pune, India
18 Oct 15
Well that and the fact that your govt is in a debt of $ 18 trill and just to give you a perspective of why that is worrisome- your gdp is around $ 17 trill. That's more than 100% debt to gdp ratio which is bad for a developed country. Countries should keep it under 60% but then again its USA playing the Big Brother. My best guess is they're trying to cover up their debt with that excuse, i know i wud've.
@sharon6345 (147083)
• United States
18 Oct 15
My last increase was $4 and that is the exact amount my rent went up to. so,I will not be bothered one way or another is they don't give it to me. One year I got a dollar and my rent went up a dollar too.
@Ceerios (4752)
• Goodfellow, Texas
18 Oct 15
@DWDavis - The decision to raise, lower, or leave the SS rates the same is based on a formula for judging inflation on purchases and expenses, some of which elderly SS recipients do not have - college costs, babies, etc. There is talk now that this may be changed. Suggestion - don't hold your breath for that to happen.