Wednesday President Barack Obama asked Congress to approve $250 payments to more than 50 million senior citizens to make up for the fact that there will be no cost of living adjustment in their Social Security payments next year.
This will be the first time in eleven years that there will be no increase in Social Security benefits, which are tied to cost-of-living adjustments pegged to inflation. Since lower energy costs have resulted in negative inflation this year, the law does not provide for an increase in Social Security payments. Those payments do not go down, even when prices drop.
I’m all for making life easier for older Americans, especially since I’m rapidly becoming one myself. But, I have to wonder about something.
Some of the most vocal critics of President Obama and his “giveaway policies” that I have met are senior citizens, who are complaining that he is bankrupting America. Last week one older acquaintance of mine said that his principles would never allow him to accept a handout, no matter how hard times got. He’d rather dig ditches than be a freeloader.
I wonder how many of those who are so vocal about the administration’s policies are going to stand on their principles and refuse to accept that $250? How much will you sell your principles for?
Now, don’t go telling me that you need that money to survive. You survived last year on what you’ve been getting from Social Security, and prices are lower now. I’m sorry, that excuse won’t fly.
Yeah, I know there are a lot of senior citizens who are barely scraping by, but the ones I am hearing raising so much hell don’t fall into that category. Most of them have worked very hard all of their lives, and are now retired and living pretty comfortably. $250 is not going to change their lives. But I bet not one of them returns that money when it comes in. And I bet not one of them heads to the local food bank or senior citizens center and donates their $250 to help those less fortunate.
Tags: bankrupting America, Congress, cost-of-living adjustments, energy costs, food bank, freeloader, inflation, negative inflation, older Americans, President Barack Obama, senior citizens, senior citizens center, Social Security, Social Security benefits, Social Security payments, vocal critics of President Obama