Dems: We Will Be Giving You More Money in January and You Should be Grateful!
Al Ritter
I love it when the Liberal spin doctors paint a
picture of relief for a problem that they created in the first place. AOL and
the Yahoo finance people are making it sound like the government will be giving
SS and SS disability a raise in benefits out of the goodness of their
collective hearts.
Because the Social Security benefits are based on COLA
the cost of living index because of the combination of crazy spending from the
Biden administration, and the Quantitative Easing (aka printing money) by the
Fed and the Treasury Department monthly payments may increase by 5.8% this
January.
Here is a sobering fact. The Government printed $27
Billion a day in money in 2020……yes that is BILLION NOT Million! This is called
Quantitative Easing and it only serves to devalue YOUR dollar and drive
inflation up.
All this Covid relief, $10 Trillion (which very little
actually went to that situation) has driven our spending to an unsustainable
level. We may never fully recover from this insanity. Printing money isn’t the
answer and neither is the shell game the Fed and the Treasury Department are
playing with the Bond Market.
Leave it to the Democrats and their minions in the
Media for painting a starry picture from a deplorable situation.
Read More Here:
https://www.aol.com/finance/social-security-benefits-could-biggest-211702772.html?soc_src=aolapp
3 comments:
The Democrats are trying to spend their way out of a deficit! Makes no sense at all!
I am grateful aren’t you?
I think the article pretty much explained how i feel Bud
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