Tuesday, October 16, 2012
as in cost of living adjustment… not
Those of us who are collecting social security benefits can expect an increase of 1.7% in 2013. WOOHOO! We’re in the money!
The cost of living adjustment is in place to insure that the purchasing power of social security benefits are not consumed by inflation. This is determined on a limited time sample. Apparently, the cost of living did not rise significantly between 8 a.m. and 1:32 p.m. last Tuesday.
Well it is obvious that the cost of grocery items have not gone up significantly. (??) You can still buy a container of ice cream for about five bucks. Never mind that ice cream used to come in half-gallon containers. If you can even find a half-gallon container these days, it will cost more than five bucks. Don’t quote me on the prices of ice cream, but surely you notice that everything comes in old size packages with less product inside. Ice cream packages look to be the same size in the freezer section until you pull one out and see that is just as long but half as wide. Cracker and cereal boxes are the same size, but the weight is less—and it is not settling of contents.
Not that it is a bad thing entirely that we, as a nation, should eat less—just that if we pay more, we should eat better.
Oh. well, enough of the ranting and raving. I am off to re-adjust my budget. Pretty soon I personally am going to have enough money for two whole gallons of gas each month. Oh, the places I will go!