Once again, for those too clueless to understand why most Americans support Occupy Wall Street, here's yet another example. With the simple wave of a wand, the Wall Street fat cats who caused the economic crisis were bailed out with trillions of dollars of taxpayer money. It was much too easy for them and they all were able to maintain their cushy lifestyle and inflated compensation plans. Meanwhile, everyone else is stuck with the problem.
How fair has it been that there were no increases in Social Security the previous two years? There's something dramatically wrong with the calculation for inflation when it suggests there was no inflation. It doesn't match the reality of higher gas and food prices, not to mention the always increasing health care premiums.
We really need to see more fairness in the system because what we've been seeing the previous few years has not been fair at all.
Some 55 million Social Security recipients will get a 3.6 percent increase in benefits next year, their first raise since 2009, the government announced Wednesday.
The increase, which starts in January, is tied to a measure of inflation released Wednesday morning.
About 8 million people who receive Supplemental Security Income will also receive the 3.6 percent cost-of-living adjustment, or COLA, meaning the announcement will affect about one in five U.S. residents.
