Government Manipulation to Hurt Senior Citizens Massively in 2025.
What most people do not understand about government manipulation of our economic indicators is the massive effect it has on everyday lives. In this case, senior citizens with limited incomes are about to be hurt substantially. So, to all of you out there voting blindly for a Democrat party that no longer exists, pay attention.
The cost of living adjustment (COLA) increase that social security recipients receive yearly is based on the inflation numbers. Most people who go to the grocery store in 2024, or frankly spend money anywhere, understand that inflation is really bad right now. Inflation is higher than it has been in 40 -50 years. But, under the President Biden regime, inflation is being manipulated to make the administration seem to be performing great. Every American citizen is hurting financially right now and knows inflation is not what is being reported. But most people do not seem to care because they know it is being reported to make President Biden look competent to his extremist supporters.
However, next year, social security recipients are about to get a lesson in politics they do not deserve. The reality check is that social security COLA in 2025 will be approximately 1.75%, and taxes on seniors are going up dramatically. The reality is that most will get little to no COLA in 2025. At a time when inflation is out of control, senior citizens, already struggling, will have to find help elsewhere or starve. Voting really does matter, and who you vote for matters even more.
REFERENCES:
Newsweek-Social Security COLA 2025 Update as Seniors Given Grim News
Social Security’s cost-of-living adjustment for 2025 could be the lowest in five years.
Social Security Administration-Provisions Affecting Cost-of-Living Adjustment
