Friday, October 15, 2010

Spinning Social Security

Newsday is nothing if not a reliable mouthpiece for all things related to the Democratic party.
A recent editorial on the 2011 cost of living adjustment to Social Security that is not going to happen was devoted to telling everyone that this was good news. By some measurement known only to the Feds and Newsday editorial writers, these wizards have determined that prices have declined. Of course, no one in their bizarro world will disclose where they buy their gas, heating oil or food so maybe there is a planet where prices are falling.
And in a final display of their economic intelligence level, the last line of the editorial is quoted here with out comment.
“A true cost of living adjustment, after all, would sometimes mean a smaller check.”

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