no cost of living increase for Social Security retirees

**linderman** · 10-27-2009, 08:50 AM

But yet we can give 1 billion in bonuses to the rapers of wallstreet. go figure!

stiff the contributors of the past so the taxpayers can shovel it to the theives of today!

**speedster123** · 10-27-2009, 10:11 AM

wonderful...

yustr · 10-27-2009, 11:34 AM

Apples and oranges...

Quote:

How is a COLA calculated?

The Social Security Act specifies a formula for determining each COLA. In general, a COLA is equal to the percentage increase in the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W) from the third quarter of one year to the third quarter of the next. If there is no increase, there is no COLA. LINK

There's a reason a formula is used. Do you really wish it to be political? Didn't think so.

And yes, I think the bonuses being paid to taxpayer supported companies are putrid. I said so here months ago that the highest salary of any of their employees should not be higher than the POTUS. "Oh but we'll loose the best people." BS - where they gonna go? Is Wall Street hiring again? Besides what makes them the best??? I guess getting billions out of us does require some smarts so maybe they're right after all.

**linderman** · 10-27-2009, 12:10 PM

Quote:

Originally Posted by yustr

Apples and oranges...

There's a reason a formula is used. Do you really wish it to be political? Didn't think so.

And yes, I think the bonuses being paid to taxpayer supported companies are putrid. I said so here months ago that the highest salary of any of their employees should not be higher than the POTUS. "Oh but we'll loose the best people." BS - where they gonna go? Is Wall Street hiring again? Besides what makes them the best??? I guess getting billions out of us does require some smarts so maybe they're right after all.

I understand what you are saying Robert and the COLA information you provided, but wont the teachers, college staff, congressmen, senators, governement employees all get salary increases?

bry623 · 10-28-2009, 06:27 AM

But what of rising gas prices? In Columbus, one school district cu tout all sports this year due to $$$. If they vote in a new levy, that is less money in the pocket of the retired home owner.

I also heard that BHO wanted to give the SSI people a one time bonus of like $250 or so.

**simpswr** · 10-28-2009, 07:25 AM

Looks like we will receive a one time $250 payment . . pretty much a cop out in my oopinion, although I'll take it. The COLA calculation has been in effect for years.

The decline in cost of living more than offsets the paltry annual increase. (Other than the tax inncreases we will be seeing to pay down the Bush deficiet)

yustr · 10-28-2009, 07:35 AM

Quote:

Originally Posted by linderman

I understand what you are saying Robert and the COLA information you provided, but wont the teachers, college staff, congressmen, senators, governement employees all get salary increases?

Teachers, college staff, government employees...all may see stagnant wages. Some have faced mandatory furlows which is the same as a cut in pay. Members of Congress, cut in pay??? Do you even have to ask???

I don't know about the others but some federal government workers get "locality pay" which is a bump to compensate them for living in an area more costly than average - D.C. for example. These are adjusted yearly and I can imagine some will go down this year.

Tumbleweed36 · 10-28-2009, 07:54 AM

Quote:

Originally Posted by yustr

These are adjusted yearly and I can imagine some will go down this year.

Don't bet your last dime on that one!

bry623 · 10-28-2009, 10:09 AM

If the Senate wants to vote 60-40 for an increase, they can.

**simpswr** · 10-28-2009, 11:59 AM

While our party sits bye, immaterial, and says NO

**Drew1369** · 10-28-2009, 02:48 PM

So you would want them to vote an increase of pay for themselves instead of SS Simp...

wow... or would you be looking for a compromise?

**simpswr** · 10-28-2009, 02:55 PM

In this case, my conservative views says nothing needs to be done . . I just wish this damn party had the cajones to stand up for something . . instead of sitting on their hands . . but I suspect they will slink back into the shadows, afraid to take a stand. . wait for direction from Limbaugh & Co, then when Dems propose something . . then shout NO.

Just like Health Care Reform . . propose nothing . . shout NO and Never.

**linderman** · 10-28-2009, 02:57 PM

LOL. they will give themselves a raise regardless of any other matters on the table, thats one of the few things you can rest assured on; and it wont be influenced by the consumer price index having lowered!

**linderman** · 10-28-2009, 03:00 PM

Quote:

Originally Posted by simpswr

In this case, my conservative views says nothing needs to be done . . I just wish this damn party had the cajones to stand up for something . . instead of sitting on their hands . . but I suspect they will slink back into the shadows, afraid to take a stand. . wait for direction from Limbaugh & Co, then when Dems propose something . . then shout NO.

Just like Health Care Reform . . propose nothing . . shout NO and Never.

Limbaugh their leader

I would rather take a titanic style cruise with Captain Hazelwood at the helm!

as long as Limbaugh is not bound/ gagged and thrown into a closet somewhere the GOP party can be considered "adrift"

**djaburg** · 10-28-2009, 03:50 PM

He's as far right as the popular left wing hosts are...oh wait, there aren't that many to listen to, because nobody wants to. BUT, the one's that are out there, are just as "out there".

10-27-2009, 08:50 AM	#1 (permalink)
linderman Moderator, Hardware Team Join Date: May 2005 Posts: 20,437 OS: win 2000 pro / Win XP pro My System	no cost of living increase for Social Security retirees But yet we can give 1 billion in bonuses to the rapers of wallstreet. go figure! stiff the contributors of the past so the taxpayers can shovel it to the theives of today! __________________ I still know nothing and I respect that fact, striving to improve and, along the way, help anyone that comes from the place that I used to be! Power Supply Selection LEARN TO BACK-UP YOUR DATA FREE & EASY YouTube - Runtime Software DriveImage XML tutorial

10-27-2009, 10:11 AM	#2 (permalink)
speedster123 Mentor Join Date: Oct 2006 Location: United States-New York-Long Island Posts: 5,223 OS: xp pro SP3	Re: no cost of living increase for Social Security retirees wonderful... __________________

10-28-2009, 06:27 AM	#5 (permalink)
bry623 Manager, The Conversation Pit/Analyst, Security Team Join Date: Apr 2002 Location: NW Territory circa 1787 Posts: 11,692 OS: winxp pro sp2	Re: no cost of living increase for Social Security retirees But what of rising gas prices? In Columbus, one school district cu tout all sports this year due to $$$. If they vote in a new levy, that is less money in the pocket of the retired home owner. I also heard that BHO wanted to give the SSI people a one time bonus of like $250 or so. __________________ "If you aren't a liberal when you're 20, you have no heart. If you aren't a conservative when you are 50, you have no brain"

10-28-2009, 07:25 AM	#6 (permalink)
simpswr Moderator Hardware Team Join Date: May 2007 Location: Houston, Texas Posts: 12,266 OS: XP, Vista, Win 7	Re: no cost of living increase for Social Security retirees Looks like we will receive a one time $250 payment . . pretty much a cop out in my oopinion, although I'll take it. The COLA calculation has been in effect for years. The decline in cost of living more than offsets the paltry annual increase. (Other than the tax inncreases we will be seeing to pay down the Bush deficiet) __________________ Rich MemTest86 \| BenchTest \| Virus/Trojan/Spyware Help How to post a Screen Shot \| PC running slow?

10-28-2009, 10:09 AM	#9 (permalink)
bry623 Manager, The Conversation Pit/Analyst, Security Team Join Date: Apr 2002 Location: NW Territory circa 1787 Posts: 11,692 OS: winxp pro sp2	Re: no cost of living increase for Social Security retirees If the Senate wants to vote 60-40 for an increase, they can. __________________ "If you aren't a liberal when you're 20, you have no heart. If you aren't a conservative when you are 50, you have no brain"

10-28-2009, 11:59 AM	#10 (permalink)
simpswr Moderator Hardware Team Join Date: May 2007 Location: Houston, Texas Posts: 12,266 OS: XP, Vista, Win 7	Re: no cost of living increase for Social Security retirees While our party sits bye, immaterial, and says NO __________________ Rich MemTest86 \| BenchTest \| Virus/Trojan/Spyware Help How to post a Screen Shot \| PC running slow?

10-28-2009, 02:48 PM	#11 (permalink)
Drew1369 Moderator Relaxation Room Join Date: Jan 2007 Location: Seattle, WA, USA Posts: 3,430 OS: Win7 Ultimate	Re: no cost of living increase for Social Security retirees So you would want them to vote an increase of pay for themselves instead of SS Simp... wow... or would you be looking for a compromise? __________________ We humans have a primal urge to kill because, thanks to natural selection, all the homo sapiens who didn't have a primal urge to kill, were themselves killed. http://obamaclock.org/

10-28-2009, 02:55 PM	#12 (permalink)
simpswr Moderator Hardware Team Join Date: May 2007 Location: Houston, Texas Posts: 12,266 OS: XP, Vista, Win 7	Re: no cost of living increase for Social Security retirees In this case, my conservative views says nothing needs to be done . . I just wish this damn party had the cajones to stand up for something . . instead of sitting on their hands . . but I suspect they will slink back into the shadows, afraid to take a stand. . wait for direction from Limbaugh & Co, then when Dems propose something . . then shout NO. Just like Health Care Reform . . propose nothing . . shout NO and Never. __________________ Rich MemTest86 \| BenchTest \| Virus/Trojan/Spyware Help How to post a Screen Shot \| PC running slow?

10-28-2009, 02:57 PM	#13 (permalink)
linderman Moderator, Hardware Team Join Date: May 2005 Posts: 20,437 OS: win 2000 pro / Win XP pro My System	Re: no cost of living increase for Social Security retirees LOL. they will give themselves a raise regardless of any other matters on the table, thats one of the few things you can rest assured on; and it wont be influenced by the consumer price index having lowered! __________________ I still know nothing and I respect that fact, striving to improve and, along the way, help anyone that comes from the place that I used to be! Power Supply Selection LEARN TO BACK-UP YOUR DATA FREE & EASY YouTube - Runtime Software DriveImage XML tutorial

10-28-2009, 03:50 PM	#15 (permalink)
djaburg TSF Enthusiast Join Date: May 2008 Posts: 1,321 OS: XP SP3/Vista/7 Server 2K/2K3/2K8	Re: no cost of living increase for Social Security retirees He's as far right as the popular left wing hosts are...oh wait, there aren't that many to listen to, because nobody wants to. BUT, the one's that are out there, are just as "out there". __________________ Computers make it easier to do a lot of things, but most of the things they make it easier to do don't need to be done. The inherent vice of capitalism is the uneven division of blessings, while the inherent virtue of socialism is the equal division of misery.