Inflation as measured by the CPI- W has ticked up a bit. Based on the current level for January 2023 the 2024 COLA could be 0.05%

Inflation as measured by the CPI- W has ticked up a bit. Based on the current level for January 2023 the 2024 COLA could be 0.05%
Wait until a few months of the 8.7% COLA inflated SS begins burning a hole in peoples pockets. We complain about the government spending, the majority of the rest of us have just as bad spending habits. Probably not many of the people who visit this blog, but the vast majority of others who don’t stop by.
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5 basis points?
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Ummmm, I don’t think that can be right. A recipient getting $2,000/month would get an increase of only $1???
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It’s right as of today. That’s the difference between the average CPI-w third quarter last year and the January CPI-W
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