Remember if they hadn’t understated the inflation rate several times since the 70s social security checks would be enough to retire comfortably on, as jobs used to be enough to live comfortably on. Well over double by the old unimproved formula, that averaged 5-8 percent just by 2008, while the new formula returned 2-3%.
Remember if they hadn’t understated the inflation rate several times since the 70s social security checks would be enough to retire comfortably on, as jobs used to be enough to live comfortably on. Well over double by the old unimproved formula, that averaged 5-8 percent just by 2008, while the new formula returned 2-3%.