General Discussion
In reply to the discussion: $20,833.00 per month???? [View all]Honeycombe8
(37,648 posts)Because of automatic increases for COL or expenses.
If Social Security funding is cut, that does not necessarily mean a DECREASE in benefits immediately. It may mean FUTURE benefit decreases, or smaller increases. But it's a cut nonetheless.
I'll research this. It's possible Congress wouldn't allow the cuts to go through.
As for the increase 1980-1988, I'll research that. But I do know that, for instance, in the stock market, it shows a false picture to try to show an increase or decrease in value of a stock, or the market generally, during any one specific period of time. Within that period of time are multiple increases and decreases, for various reasons. A lot depends on where you are at the starting point. For instance, had Reagan already cut the grant in 1980? I doubt it, but that's an example.
As for increases....there are automatic increases in federal programs because of inflation. That is not considered growth in a program. For a program's funding to stay the same, it would have to increase every year, except during a recession (although I've yet to see anything cost less during a recession).