President Obama Snubs Elderly Again

Add this to the list of things President Obama has done that make no sense, and make real voters angry. For the second straight year both under his administration, there will be no cost of living rise for social security. So there are more than 58 million retirees and disabled Americans voters that will have to go a second straight year without a cost-of-living increase in benefits. Since 1975 it has only happened once 2010. In 2011 it will happen twice both years of the President Obama administration. The reason being told to the public is, these cost-of-living adjustments, are set automatically each year by an inflation measure that was adopted by Congress back in the 1970s. Because consumer prices are still lower than they were two years ago, there will be no increase. Here is a bold prediction this same result can happen in 2012, but that is an election year and President Obama will make sure there is money for those 58 million voters, do not be surprised if it is the biggest increase ever. Try not to let this destroy your faith in the oval office but it is a well conceived plan for a short term memory electorate. It will be easy to forgive two years of nothing for one year of catch up. If the COLA was 2% a year President Obama will be up 6% by 2013 if he give a 4% increase still ahead by 2% and a hero for the biggest increase in history.

http://tea512.sunpride2000.com/2010/10/14/president-obama-snubs-elderly-again/

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