why is it that when you social security checks

United States
January 25, 2007 9:01am CST
Why is it when the social securtiy checks increase so does everything else meaning taxes the price of food your rent I live in housing and I was paying 94.00 a month for rent last year up until Novemeber then it rent to 112.00 and by the time this november comes around it will go up more...I think that this is so crazy so you see it does not do any good to get an increase it gets taken away anyway I live on disability the more you get the more the goverment takes that also includers food stamps the higher your income the less the food stamps a poor person has not got a chance in this world especially when you live by your self..talking about robbing Peter to pay Paul what do you all think?
1 response
sigma77
@sigma77 (5383)
• United States
25 Jan 07
Your increases in social security are chasing the inflation rate. Prices go up and then they adjust social security to pay out more after the fact. Only the "increase" you get never is enough to match inflation. The government does not figure the true cost of living or inflation. When they increase your social security by 2 or 3%, the real rate of inflation is more like 4 or 5 %. You will never catch up. Rents go up because costs go up for the owners. They are affected by inflation as much as you are. The only way to get around this is to try and increase your income to make up the differences.