Showing posts with label Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Show all posts
Showing posts with label Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). Show all posts

Monday, June 17, 2024

Yay! Bidenomics CPI Manipulation Got You Again | Inflation isn't as bad as yo feel it, don't believe your lying purse

Title: Cooling Inflation Has 2025 Social Security COLA Estimate Dropping

Article Snip: "These latest estimates are based on the Bureau of Labor Statistics’ (BLS) consumer price index (CPI) data for May, ... For the month, the index decreased 0.1% prior to seasonal adjustment. ...As such, the CPI-W can undercount when compared to spending patterns of older consumers Consumer Price Index for the Elderly (CPI-E), which means it can subsequently underpay Social Security recipients, she notes. “This disparity suggests that my COLA estimate, which is based on the CPI-W, may be undercounting real senior inflation by more than 10%,” says Johnson. "

Reference:
CPI-W undercounting real senior inflation, The Financial Raping of Seniors, The Biden Years,






Wednesday, May 8, 2024

Social Security isn’t keeping up with inflation. That could weaken Biden’s support among some seniors

Title: Social Security isn’t keeping up with inflation. That could weaken Biden’s support among some seniors

Article Snip: "...cope with the runaway inflation of earlier this decade and the continued high prices for food, housing, utilities and other necessities.

That’s forcing more of them to spend their emergency savings, carry debt on credit cards or apply for assistance programs, according to The Senior Citizens League, a nonpartisan public education and advocacy group. ...senior citizens are often in a more difficult predicament because many live off fixed incomes. Many depend heavily on Social Security – some 42% of elderly women and 37% of elderly men rely on the monthly payments
"

Reference: www.cnn.com
Biden Admins Silent Tax on Retirees, Why doe the Biden Admin Hate the American Retiree?, The Killing Off of Seniors Thru the Current Democrat Economic Attack on Americans While Showering Illegals with Money and Benefits,






Monday, October 16, 2017

2% COLA for Federal Retirees in 2018

Title: 2% COLA for Federal Retirees in 2018

Article Snip: "...COLA for federal annuities is determined in reference to the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W), which is calculated by economists and statisticians with the Bureau of Labor Statistics (BLS). The CPI-W is the current index used for measuring increases in the prices of consumer goods such as food and beverages, housing, clothing, and gasoline..."

Reference: www.fedsmith.com
2018 Federal Retiree COLA, COLA,