Tag: COLA
Social Security versus Congressional pay raise wrapped in stupidity.
A 5% raise in Congress’s annual payroll of $93.3 million would add $1.32 to each beneficiary’s Social Security check. 🤔
The great COLA debate-maybe not the expected solution.
Prioritize financial discipline and strategic spending to supplement Social Security, especially as Medicare premiums and inflation trends evolve.
Interest rates
While lower interest rates might offer a temporary economic boost, they risk overheating the economy and fostering asset bubbles. The Fed must maintain a balanced approach, steering clear of political pressures to ensure sustainable growth.
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