GOOD NEWS !! THe AARP was adamantly AGAINST CPI Indexing !! It would cost me $1000 a year over a 20 year period. Critics say it's only a small percent BUT if commodities are increasing 4-5% per year and your SS increase is only 2-3%, it doesn't even take a decade to make you really run SHORT !!
And Why ?? . . . so some fat cats can rake in millions because you don't want to hike their taxes 1% ?? . . or let them not pay 1¢ on their salary above $110,000 ?? So the average working stiff pays 7.5 % of his salary and the fat-cats end up paying <1% of theirs ... like the Mittster ?
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