Many Social Security recipients do not believe that the COLA is fair or keeps up with inflation. Some even believe the government fudges the numbers.
Considering that seniors are the most feared voting block, fudging the numbers is not politically correct. In fact, in 2010 and 2011 when no COLA was called for some Members of Congress wanted a special COLA to be paid anyway.
Let’s look at the numbers. If you had one dollar in Social Security benefits to spend in 2000 you now have $1.44 as a result the COLA. [The COLA is based on the CPI for Urban Wage Earnings]
Now, if you wanted to buy something that cost you $1.00 in 2000, in 2014 it will cost you $1.38.
So, overall it seems that as far as Social Security goes the seniors are doing pretty well (better than many working people in fact).
QUINNSCOMMENTARY 
Where in the hell do you come up with these numbers…….. you need to tell my grocer!!!!!!! No the government does not fudge the numbers they out and out lie and cheat…. get over your self….. We live in the real world…… you are invited to join us……..leave your numbers at home tho please….
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Here is a website that addresses the difference between the CPI-U and the CPI-W.
http://www.differencebetween.net/business/difference-between-cpi-u-and-cpi-w/
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If seniors are “the most feared voting block”, why are Republicans constantly trying to voucherise Medicare and privatize Social Security?
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They haven’t done either one have they? And they won’t.
Dick
Richard D Quinn
Blog http://www.quinnscommentary.com Twitter @quinnscomments
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We are the most feared?……. Is that why they want us dead?…………
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