For a while now the government has been flirting with the idea of adapting to a CPI. Problem with this is that a CPI is a way of determining Social Security cost-of-living increases believing that senior citizens will alter purchasing habits with inflation.
This is a mighty darn scare for seniors. And Sheryl Tenicat, one of those who will be affected voiced her opinion, begging and crying for Social Security cuts to not go into effect.
Tenicat explained, “I have $624 a month, that’s what I’m living on.” And added, “Ninety-nine [dollars] of that goes to Medicare Part D and B. After I get my check, in two weeks, it’s gone. I have nothing. I live with what I eat here. And I just do not want my cost of living cut because I’ve paid in since I was 16 to the government. I’m looking for work in my retirement years so that I can exist. I do own my house, but I don’t know how long that will go because I have property taxes to pay.”
This is harrowing. Read more at Raw Story.
How do you feel about Social Security cuts?
|Kenneth G. Marks has been practicing personal injury law since he was admitted to the California Bar in 1981. www.KmarksLaw.com|