Sunday, October 10, 2010
No Social Security COLA in 2011; for second year in row
Political analysts consider this bad news for the Democratic Party at midterm.
The AP story is by Stephen Ohlemacher, with link here.
In 2009, predictions had been made that the COLA might not increase in 2010.
The problem is low inflation, or deflation, which is hard to believe given the increase in health care and higher education costs.