No COLAs for Social Security recipients
No jobs for Americans who need them
by Peter Stern
For the 2nd time in 2 years prices used to measure the annual Social Security Benefits COLA dropped. We are told that in 2008 the COLA provided to social security recipients rose 5.8 percent, well above the usual annual COLA increase of 3.8 percent. Supposedly, the next COLA increase will occur in 2012 when the prices most likely will increase to the previous 2008 levels.
Congress has always moved slowly, if at all, but how much more stagnancy does Congress expect the American people to accept? Corporate America still purchases the best government money can buy. AT&T spent $45 million on campaign contributions and another $25 million on lobbying activities. Legislators are fools to think that the American people will tolerate much more of its "do-nothing" and corporate-friendly mentality. Meanwhile, the 2-party system continues to fail most Americans.