Wednesday, December 30, 2009

Social Security

Today, I, like millions of older Americans, recived a notice in the mail, stating that there would be no increase in our benefits. Well, most of us were expecting that since way last summer. The reason for the stagnate cost of living raises is the claim that there was/is no inflation. No inflation? No inflation for Congress, the Senate and government employees, that is.

How does the government explain away the raising cost of gasoline, food, housing, utilities, breathing carbon dioxide, and all the "little" taxes that will be added for the privilege of existing on planet Earth? No...no inflation of note because the banks are not lending out money. That does keep people from spending money and the "cost of living" down and stagnate, doesn't it?

It doesn't really. It just keeps most Americans poor and getting poorer. Two houses on my street have went into foreclosure and some are empty or for sale. We don't have inflation...yet...because there isn't any money. For now, the creative accounting of your government, says "so sad, too bad."

And that' the way it goes. Everyone has seen road construction signs..."Your Taxes at Work." Now they can add this to your S. S. checks..."Your Taxes NOT at Work.

END

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