“Before we discuss the nuances of the different measures of the CPI, it is important to keep in mind that millions of Americans rely on Social Security benefits for income protection. In fact, 65% of all beneficiaries rely on Social Security to provide 50% or more of their incomes, while 36% rely on benefits for 90% or more of their incomes. For non-married beneficiaries, including widows, the reliance is higher with 74% relying on benefits for 50% or more of their incomes and 46% relying for 90% or more of their incomes.”
http://www.marketwatch.com/story/chained-cpi-diet-cola-for-social-security-2012-12-20
Related posts:
Nothing Succeeds Like ‘Success’ - Justin Raimondo
James Bovard: Why Ruby Ridge Still Matters
U.S. Government vs. DEFCAD 3D Printable Gun: You Can’t Fix Stupid
Paul Craig Roberts: The Special Interests Won Again
Has The Perfect Moment To Kill The Dollar Arrived?
The Government Is Lying to Us About Cybersecurity
US Gifts $38 Billion In Weapons To Israeli State, Even As U.N. Pulls Back
The Ideology Behind “So What You’re Saying Is...”
The Genie Has Escaped the Drug Prohibition Bottle
Two-Track Corporate Justice Is Not the American Way
Jamie Dimon Knows What You Don't Need to Know About U.S. Default
Global Warming Alarmists Seek to Restrict Air Conditioning
On To Timbuktu II
Mexican Version of Obamanomics Won’t Work any Better than US Version
Ron Paul: The Sequester 'Crisis' And What Should Be Done