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Those who have colas like soc sec have been screwed

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shraby Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-07-08 02:10 PM
Original message
Those who have colas like soc sec have been screwed
for the last few years. Cost of living increases have been hidden for quite a few years due to companies putting less product in the package yet charging the same..such as sugar. They went to 4 lb. bags but still charge like it's 5 lb. Spaghetti sauce is a smaller jar. I'm sure du'ers can name a lot more products that downsized yet didn't charge less. This is a hit against social security, etc recipients whose checks depend on the cost of living.
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stray cat Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-07-08 02:12 PM
Response to Original message
1. I don't know about you but most workers I know haven't been getting cost of living increases at all
Anyone routinely getting a cost of living increase even if not enough of one are doing better than many.
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shraby Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-07-08 02:13 PM
Response to Reply #1
2. This action lays directly on the backs of the old
and poor who depend on the cola just to stay even with the increase in medicare costs. Most times it's a wash.
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bobbolink Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-07-08 02:26 PM
Response to Reply #1
5. riiiight...We're doing so much better than you.
What do you live on?

There are a whole lot of people living on $637 a month.

Yes, I'm CERTAIN we're doing a whole lot better than you.

:crazy:
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SharonAnn Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-07-08 02:19 PM
Response to Original message
3. Many of us with pensions from Fortune 100 companies have no COLA at all. Never!
The companies just restructured their "overfunded pensions liabilities" and took all but the absolute minimum that they had to leave in the fund. There was and is no commitment for COLA, regardless of inflation or the COLA.

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shraby Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-07-08 02:22 PM
Response to Reply #3
4. Our pension has no cola either..only social
Edited on Sun Dec-07-08 02:23 PM by shraby
security. The pension will stay the same if we live to be 200 years old. And without that, income, we'd be royally up the creek without a paddle.
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dixiegrrrrl Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-07-08 02:37 PM
Response to Original message
6. Just prior to election, Soc. Sec. announced a 7.8% increase
in montly Soc. Sec. and SS Disability checks, as of Jan. 1.
I don't know if SSI was included.

COLA usually is about 3% per year for Soc. Sec.

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pansypoo53219 Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-07-08 02:37 PM
Response to Original message
7. BUT THERE'S NO INFLATION.
so don't worry.
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pinto Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Dec-07-08 02:50 PM
Response to Original message
8. My COLA on SSDI has been slim of late, yet '09 is 5.8%.
That's going to help. And, yeah, one key to smart shopping is unit pricing, unit pricing, unit pricing.

:thumbsup:
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