Quote:
Originally Posted by KAM+6
"Slap in the face"?? Just when did the government say that you could live entirely on SS??
I had to work until I was 75 to live, modestly and frugaly, on SS and savings. Interest rates on CD plummeted to less than 1% previous administration. It is now around 5%. No mention of that in this thread!
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Because inflation was very low, which is a good thing. That's how short term interest rates work.