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Monday, October 11, 2010

How many seniors are mad as hell over losing COLA?

More anger the Democrats do not need, and it isn’t their fault. There is a system for determining the raise, based on inflation, and since it registered negative again this year, there will be no cost of living increase in 2011. There was no raise in COLA in 2010 either. With the loss of 95,000 jobs in September, the Dems are taking a real hit just before the election.

Rep. Earl Pomeroy, D-N.D. is asking for another $250 stimulus payment to Seniors: a similar move was blocked by both Republicans and Democrats in 2009. He points out that "Costs of living are inevitably going up, regardless of what that formula says. Seniors in particular have items such as uncovered drug costs, medical costs, utility increases, and they're on fixed incomes."

So, Seniors, get angry but don’t take it out on the Democrats.

Read more here.

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