Talk of The Villages Florida - View Single Post - OMG Lowest since '75
View Single Post
 
Old 10-16-2012, 04:17 AM
graciegirl's Avatar
graciegirl graciegirl is offline
Sage
Join Date: Mar 2008
Posts: 40,170
Thanks: 5,009
Thanked 5,783 Times in 2,004 Posts
Send a message via AIM to graciegirl
Default

Quote:
Originally Posted by blueash View Post
The DAILY SUN front page main headline in a LARGE FONT attempts to scare us all with its headline. "SOCIAL SECURITY BENEFIT BOOST LOWEST SINCE '75"

So what's the problem? It's a false statement. Why would the SUN attempt to scare seniors into thinking they are not getting something we might feel entitled to receive in the worst increase since '75? Continue reading on page 13 and the true statement appears that in fact the raise was zero in two of the last three years while this year it will be 1 to 2 %. Not mentioned in the article is the fact the the COLA adjustment has been under 2% 5 times since 1975 so if the 2012 increase is 2% this would be the sixth lowest boost. I will await the front page correction.
Apparently it was a wire pick up for The Daily Sun.

Here is the same article on the online CBS news.

Social Security announces benefit increase Tuesday - CBS News
__________________
It is better to laugh than to cry.