Social Security COLA largest in decades
as inflation jumps
Posted By: Dreadnought, 10/13/2021 9:31:26 AM
Washington — Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic. The COLA, as it’s commonly called, amounts to $92 a month for the average retired worker, according to estimates released Wednesday by the Social Security Administration. That marks an abrupt break from a long lull in inflation that saw cost-of-living adjustments averaging just 1.65% a year over the last 10 years.
people like this.
people like this.
people like this.
people like this.
people like this.
people like this.
person likes this.
people like this.
people like this.
people like this.
people like this.
people like this.
person likes this.
Below, you will find ...
Most Recent Articles posted by "Dreadnought"
and
Most Active Articles (last 48 hours)
Most Recent Articles posted by
Dreadnought"
The number of illegal migrants released into the United States by the Biden administration is staggering. Fox News obtained an exclusive story with documents from the Border Patrol. They are being released with little or no supervision and no fear of deportation.
The fact is that no matter how many times DHS Secretary Mayorkas says the border is closed, the numbers don’t lie. Since March, at least 160,000 illegal migrants have been released into the United States. There is a broad use of limited parole authority that made more than 30,000 migrants eligible for work permits
Loudoun County Public Schools responded Wednesday to a bombshell report that it covered up a sexual assault perpetrated by a “gender fluid” male student in the girls’ bathroom.
The victim’s father, Scott Smith, was arrested during a school board meeting in June before he could describe what had happened to his daughter. In a statement released Wednesday, the district claimed that the school board was ignorant of the details at the time of the meeting and only learned of the alleged rape through the Daily Wire’s recent report.
Moreover, the district wrote that it was obliged to defer the initial criminal investigation to local law enforcement,
If Scott Smith unjustly endured a public humiliation at the Loudoun County Public Schools board meeting, the LCPS board’s turn has only just begun. Fox News Channel host Laura Ingraham followed up on the reporting by the Daily Wire’s Luke Rosiak on Smith’s horrific treatment by the LCPS board, trans activists, the media, and even the Department of Justice. Smith recaps the story with Ingraham, starting with the rape of his daughter in a girls’ restroom by a boy wearing a dress, and ending with his plea for better outcomes — especially for parents who want to engage in the system:
Hollywood actor William Shatner has become the oldest person to go to space as he blasted off aboard the Blue Origin sub-orbital capsule.
The 90-year-old, who played Captain James T Kirk in the Star Trek films and TV series, took off from the Texas desert with three other individuals.
Mr Shatner's trip on the rocket system - developed by Amazon.com founder Jeff Bezos - lasted about 10 minutes.
The craft safely landed just after 10:00 local time (16:00 BST).
Those aboard got to experience a short period of weightlessness as they climbed to a maximum altitude just above 100km (60 miles). From there they were able to see the curvature of the Earth
Washington — Millions of retirees on Social Security will get a 5.9% boost in benefits for 2022. The biggest cost-of-living adjustment in 39 years follows a burst in inflation as the economy struggles to shake off the drag of the coronavirus pandemic.
The COLA, as it’s commonly called, amounts to $92 a month for the average retired worker, according to estimates released Wednesday by the Social Security Administration. That marks an abrupt break from a long lull in inflation that saw cost-of-living adjustments averaging just 1.65% a year over the last 10 years.
The latest inflation reading shows that prices rose by 5.4 percent on an annualized basis in September as supply chain bottlenecks, worker shortages and high demand kept prices rising, according to data released Wednesday by the Bureau of Labor Statistics.
The inflation rate rose a seasonally adjusted 0.4 percent in September from August, according to the latest Consumer Price Index. That is well below the 0.9 percent seen in June but not enough to point to slowing inflation.
Increases in food and shelter accounted for more than half of the index’s increase, with food rising 0.9 percent. Gasoline rose 3.9 percent and new vehicles rose by 1.3 percent.
Ah, a tradition unlike any other — the drumbeat of retirement announcements among the governing party ahead of an expected bloodletting in the midterms.
John Yarmuth of Kentucky is the first into the lifeboats as the S.S. Biden begins to sink. He insists in the clip below that he’s bailing because he’s getting older and wants to spend more time with his grandchildren. Okay, but he’s young-ish by congressional standards — he’ll turn 74 next month — and he wields a tremendous amount of power over the Democratic agenda as head of the House Budget Committee. He represents a safe Democratic district too (the only Democratic House district
In the wake of massive Southwest Airlines cancelations and disruptions, a whistleblower within the company reached out to PJ Media to confirm that employees, including pilots, gate agents, flight attendants, and others, are fighting back against the mandatory vaccines ordered by the federal government. “It’s a coordinated protest,” said the source, on the condition of anonymity.
The employees have coordinated on social media platforms and are standing up at what they believe is a pivotal moment in America that will determine whether the country remains free or slides into despotism. “We know we can stop this,” the whistleblower said. “And if we don’t do it now, it will be too late.
Actress Jamie Lee Curtis said the new Halloween Kills movie is about the kind of mob violence that Americans witnessed on January 6 when rioters stormed the Capitol building.
In a interview with filmmaker Eli Roth on the “History of Horror” podcast, Jamie Lee Curtis explained that the last two Halloween movies — Halloween in 2018 and Halloween Kills, which opens Friday — are part of a planned trilogy she is making with director David Gordon Green.
Curtis said the 2018 Halloween movie reflected the themes of the #MeToo movement, including the notion of women seizing power.
“[When] we were launching the 2018 movie,
It looks like an episode of “The Americans“: A couple of spies with two kids working near Washington, D.C.
The FBI arrested a married couple from Annapolis, Maryland, for selling submarine secrets to an undercover agent for almost a year.
Diana and Jonathan Toebbe were charged with “conspiracy to communicate restricted data.” They are looking at spending the rest of their lives in the hoosegow.
Jonathan Toebbe hid data cards in things such as chewing gum and Band-Aid wrappers, as well as a peanut butter sandwich. His wife Diana was reportedly his “lookout.” They would drop data cards off for the person they thought was a foreign agent.
A follow-up to Ed’s post this morning. There’s a lot of material on the wires today about Democrats and their sympathizers looking at Biden’s falling job approval and wondering just how much of a walloping they’re going to get in the midterms. Not whether they’re going to get one, but how much of one.
What ties these various takes together is the sense that there’s just not much the party can do to avoid it. We’re still further removed from Election Day 2022 at the moment than we are from Election Day 2020, but there’s a whiff of fatalism to the commentary that once a president sinks
Texas Gov. Greg Abbott has made another move against nonsensical COVID policies. Today, he signed an executive order banning vaccine mandates by any entity in the state. This would hit corporations that have begun to follow federal guidelines to mandate vaccines for all their employees. And though an official rule from OSHA has yet to materialize as threatened, Abbott’s move is in direct defiance of Joe Biden. This comes in the midst of a meltdown happening at Southwest Airlines over a coming vaccine mandate in November. Reports continue to indicate that employees of the Texas-based air carrier are using sick days in anticipation
Most Active Articles (last 48 hours)
Three years ago, the only people who’d ever heard of Pete Buttigieg were likely to be residents of South Bend, Ind., the town of 103,000 people where he served as mayor.
South Bend is home to Notre Dame University. It has a bus station with a fleet of 60 buses, a small train station and a small regional airport. So, who better for Team Biden to nominate as secretary of the Department of Transportation, which employs more than 58,000 employees – more than half the population of South Bend – and has a budget of $87 billion?
President Joe Biden touted new commitments from businesses and ports Wednesday as his administration rushes to ease supply chain backlogs in time to ease the burden on Christmas shoppers and avoid being cast as a Scrooge. 'With the holidays coming up, you might be wondering if gifts you plan to buy will arrive on time?' Biden said, acknowledging the crush of commercial and online orders at risk of disruption as the holiday season approaches.'I know you’re hearing a lot about something called supply chains and how hard it is to get a range of things from a toaster to sneakers to bicycles to bedroom furniture.'
Vice President Kamala Harris disparaged European explorers who discovered the Americas during a speech she gave on Tuesday at the National Congress of American Indians 78th Annual Convention, claiming they were guilty of horrific crimes against Native Americans.“Since 1934, every October, the United States has recognized the voyage of the European explorers who first landed on the shores of the Americas,” proclaimed Harris in Portland, Oregon. “But that is not the whole story. That has never been the whole story.”
“Those explorers ushered in a wave of devastation for tribal nations — perpetrating violence, stealing land, and spreading disease,” she stated,
"Research obtained by a group of scientists shows the COVID vaccine spike protein can travel from the injection site and accumulate in organs and tissues including the spleen, bone marrow, the liver, adrenal glands and in 'quite high concentrations' in the ovaries."
This is what Dr. Robert Malone, inventor of the mRNA technology warned about. The spike proteins are not staying at the injection site and they are dangerous. Protein in the blood can be very dangerous.
A Canadian cancer vaccine researcher said last week, “We made a big mistake. We didn’t realize it until now,” said Byram Bridle, a viral immunologist and associate professor at University of Guelph, Ontario.
A Seattle elementary school has canceled its upcoming Halloween parade and will be banning students from dressing in costumes on October 31, claiming that the annual event ‘marginalizes’ students of color who administrators claim do not celebrate the holiday.Officials at the Benjamin Franklin Day Elementary School have discussed axing the annual Pumpkin Parade for five years, but first notified parents about the unilateral decision to cancel it in an October 8 newsletter, according to The Jason Rantz Show on local news station KTTH Radio.
Southwest CEO Gary Kelly had a major announcement on Tuesday about the vaccine mandate the airline recently issued: His company won’t be enforcing it.
During an interview with ABC News on Tuesday, the CEO said that no employees would be fired over the company’s vaccine mandate. Earlier, the airline announced that all employees needed to get vaccinated against COVID-19 by November 24 or face termination.
“We are not going to fire any employees over this,” Kelly said. [Video]
The Southwest CEO told ABC’s George Stephanopoulos there was “no evidence” any type of demonstration had caused the major service disruptions over the weekend. Nearly 2,000 Southwest flights were cancelled,
The Treasury Secretary has defended plans to monitor bank transactions of more than $600, insisting that the scheme was designed to end 'tax fraud' by billionaires, and would not mean Americans' accounts were recorded.The new proposal requires financial institutions to annually report the total amount that went in and out of the bank as well as loan and investment accounts if within that year the accounts hold a value of at least $600 or if the total transactions are $600 or more in a year. More simply, this means that if total funds flowing in and out of a credit or debit account
The White House on Tuesday warned Republican governors of Texas and Florida that President Joe Biden would override their efforts to fight coronavirus vaccine mandates in their states.
“We know that federal law overrides state law,” she said referring to state attempts to ban vaccine passports.
She accused Florida Gov. Ron DeSantis and Texas Gov. Greg Abbott of playing politics by issuing executive orders that fight vaccine passports.
“Why would you be taking steps that prevent the saving of lives that make it more difficult to save lives across the country or in any state?” she asked.
Psaki argued that the governors were “putting politics ahead of public health.”
White House Press Secretary Jen Psaki on Wednesday was asked about inflation.Inflation was up 5.4% year over year in September – the highest rate in 13 years!Prices rose 0.4% in Sept, up from 0.3% in August.Gas is up 42% since last year — the poor and middle class hurt the most.The US government is expecting households to see their heating bills jump as much as 54% as experts forecast this winter to be colder than last winter.Gas, food, and goods continue to be key drivers of inflation.
Millions of retirees will see a significant boost to their Social Security checks as the Biden administration gave its cost of living adjustment (COLA) the most significant boost in nearly 40 years. Social Security checks will raise 5.9%, about $92 for the average retired worker, in a shocking display of inflation. For the last 10 years, an inflation lull has led to checks that rise only 1.65% per year on average.The Social Security Administration has not raised benefits so drastically year-over-year since 1982. A typical retired worker will now receive $1,657 a month starting next year while a typical couple's benefits will rise $157 to $2,753 per month.
Food companies are coming under renewed pressure to use less salt after U.S. regulators spelled out long-awaited guidelines aimed at reducing sodium levels in dozens of foods including condiments, cereals, french fries and potato chips. The voluntary goals finalized Wednesday for 163 foods are intended to help lower the amount of salt people eat. A majority of the sodium in U.S. diets comes from packaged or restaurant foods — not the salt added to meals at home — making it hard for people to make changes on their own. To get people used to eating less salt, the Food and Drug Administration said reductions have to be gradual and CORRECTIONS*
The White House admitted Wednesday they were unable to guarantee packages would arrive on time this Christmas. “We are not the postal service, or UPS, or FedEx,” White House press secretary Jen Psaki said. “We cannot guarantee. What we can do is use every lever at the federal government’s disposal to reduce delays.” Psaki repeatedly posited that the government would work to solve supply chain issues, especially at American ports where ships are forced to wait in offshore traffic before they can get unloaded.