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Except... everyone is doing better in America right now, even the welfare recipients.
originally posted by: Nyiah
"Social Security comes in for more modest cuts of $4 billion over the decade
Social Security Benefits Buy 34 Percent Less Than In 2000, Study Shows
June 21, 2018
If you feel like your Social Security check doesn’t stretch as far as it once did, there’s a likely explanation for it.
Since 2000, the buying power of monthly benefits has fallen by more than a third, according to an annual report released Thursday by the Senior Citizens League, an advocacy group based in Alexandria, Virginia.
In other words, the cost of goods and services common among retirees have collectively risen faster than the cost-of-living adjustment, or COLA, that Social Security recipients get every year.