On Oct 12, 8:03*am, "James Silverton" >
wrote:
> *Christopher *wrote *on Tue, 12 Oct 2010 05:43:00 -0700 (PDT):
>
> > On Oct 12, 6:58 am, walt tonne > wrote:
> >> On Oct 12, 2:43 am, "Lawrence Akutagawa"
> >> > wrote:
>
> > >> Funny - stuff like water rates still keep going up
> > >> hereabouts.
>
> > >>http://news.yahoo.com/s/ap/20101011/...al_security_no....
>
> > >> Seniors prepared to cut back on everything from food to
> > >> charitable donations to whiskey as word spread Monday that
> > >> they will have to wait until at least 2012 to see their
> > >> Social Security checks increase.
>
> There is an evident contradiction here. Why should cut-backs be needed
> when Social Security is pegged to the CPI which has hardly changed. Does
> the CPI not measure the cost of living and thus a need for increases?
>
> --
>
> James Silverton
> Potomac, Maryland
>
> Email, with obvious alterations: not.jim.silverton.at.verizon.not

Yes, you're right about when the COL on SS income kicks in; however,
the CPI may not change overall, but certain items within it do - like
medical costs, which rise for no reason whatsoever. Many expenses
like medical expenses are ones that seniors cannot do without. Also,
utilities continue to rise. OTOH, maybe clothing doesn't, or one's
housing cost doesn't (and, in fact, interest rates are down). The CPI
is an overall figure, not one that takes individual increases
affecting seniors into account.

N.