Money not years. In case you are wondering.
As a member of the ‘Getting up there in years’ crowd and in anticipation of beginning my retirement next month; I wish to take issue with the “No cost of living increase because there has been no inflation” coda of the US Government. As an example of my taking issue with this clearly false premise. Let me illustrate my point with a brief story.
I’m a tight ass who is disturbed by the thought that I might not have the means to pay for something that I have received; a meal, a drink, a passage to India. So I developed the habit of concealing cash in my vehicles and my trusty backpacks. ‘Mad Money’, an emergency ten spot that later was upgraded to a twenty. Commuting to Boston for many years it was always on my mind that my wallet could get lifted or lost. I could get home on twenty bucks. As Cash-Only gas stations became the rule for the lowest price for refueling, that twenty in the car with whatever was left in the wallet would buy a tank of gas.
So it was recently that I was visiting a friend and working on fixing an old snowblower. Sitting on the wet ground (in my old jeans) I left my wallet on the table inside to prevent the leather from getting wet. We went out to catch the sunset at the beach (I with my camera) …
and on the way back made the spot decision to drop into a local pub for a beer and stuffed Quahog. It was as we finished and I reached into my empty pocket to pay the bill I realized that I forgot to grab my wallet before we left. Neither of us had any money.
I went outside to grab the cash in the car and came back inside to realize the sad truth that twenty bucks doesn’t cover four beers and Quahog anymore. It did once, including the tip. But no more. Clearly the time has come to upgrade the cash stash to a fifty. But then I thought that it wasn’t that long ago that that beer would have been $3 not $6.50. And of course (in Massachusetts) the sales tax would have been 5% not 6.5%. That all seems inflationary to me. But not, apparently, to the US Government (Who just murdered a White man with his hands up to the widespread approval of the mass media) that has again denied any Cost of Living Adjustment to the retired. Of course, for the most part, food isn’t included in their formula or calculations. Neither is a lot of items that effect the retirement population. That food (in main part due to the US Governments mismanagement) is higher (sharply), property taxes, (all taxes in fact), energy to heat and light the home have gone up steadily.
On the other hand your cost to purchase a F16 fighter aircraft is the same as last year; so there is that.
It would be one thing if you could ‘opt out’ of the whole government control of Social Security thing, you keep your own money and they stop being able to siphon off a big cut to hand out to the grasshoppers and for themselves. But you can’t. You should, but you can’t. Because the whole corrupt structure would fall down since it’s broke. Pity that in 1935 the whole plan was enacted as a Federal Program passed by Congress and not a Constitutional Amendment (it should have been for so drastic a change in the relationship between government and the governed). Then LBJ wouldn’t have been able to break the trust fund and get his hands on the money. In the sure knowledge that by the time the effects of the theft were realized, he’d be dead.
Now I’m just rambling. So as I said, “Fifty bucks is the new Twenty”.
The way to crush the bourgeoisie is to grind them between the millstones of taxation and inflation.
— Vladimir Ilyich Lenin