If you doubt that pointy-headed college professors do exist, shielded by ivy covered tenure and coddled in academic robes of illusion, stop and consider the natterings of one Richard E. Thaler whom the New York Times says is, “. .…
Tag: chained consumer price index
The Social Security COLA Fraud Exposed (and so what)
Last week I came across an interesting article that explains why, despite what the cash register at the local supermarket tells me, my Social Security check has not had a Cost of Living Adjustment (COLA) since 2009 and probably will…
Social (In)Security
Those of us on Social Security are aware of a little thing called “COLA” (cost of living adjustment.) It’s based on a very simple fact of economics. The value of money is not constant. Prices go up and down in…