Never. Gonna. Happen.

[TreasonousBastard]

22. They won't...

Seems as though the mass of those complaining are not on SS, haven't read anything but opinion pieces, and have no real knowledge, direct or otherwise, about just what's going on.

They don't know about people like me, who if the chained CPI happens, will see maybe a $5 increase instead of the huge $9.56 increase. This means if I live to 80, my COLA will be reduced by less than $1,000 over the rest of my life.

They don't know about those statisticians and analysts who calculate that the present COLA is a gross overpayment in light of actual inflation. Yes, that sounds strange, but so is the idea that you can live on $1000 a month or less in most places in the country. That barely pays the rent in trailer park around here. Putting in a realistic floor would be highly impractical but a much better idea. Subsidized rent and expanding food stamps would be easier and far more effective.

And, there's no guarantee anyone will get a COLA anyway, and in several years there was none.

They don't know about CPI-E which was designed for SS recipients, but put aside for a while. Maybe forever.

They don't know that chained CPI and CPI-W have been getting closer and they might be the same in a few years.

They don't know that the CPI market basket is irregularly changed anyway, so even if we keep CPI-W there are fewer guarantees than they think.

And, lastly, there are 30 million baby boomers entering old age and SS and they can make all sorts of demands on Congress-- like what has been done can easily be undone.

And, yeah, people around here really think it will happen.

But, we can't go a month around here without a good hair on fire scare. Must be lot of bald DUers out there.