posted on Jul, 11 2008 @ 02:34 PM
I understand that the cost of living index determines what percentage increase is given to Social Security, Medicare and Medicaid recipients checks or
payments during a fiscal year.
Did our politicians pull a fast one on the population of Tax Payers in the United States of America? The cost of living index does not include the
cost of food, oil and gas. Now if the cost of food, oil and gas for instance goes up 40% in one year are the Social Security, Medicare, Medicaid,
employment contracts, peoples salaries, and pension recipients being short changed when they receive maybe a 2% to 3% cost of living increase?
With energy bills, food and gas prices all soaring by double or triple digits how is everyone especially seniors suppose to keep pace when the (COLA)
Cost Of Living Allowance does not match up with the True Cost Of Living Index that should include food, oil and gas? Rik Riley
[edit on 11-7-2008 by rikriley]