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We may get COLA in 2021 after all!


broncovet

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According to this, we may get a Cola in 2021 after all!  Remember, we only have to show inflation for 3 months out of 12: July, August, and September. 

I noticed lots of stuff is going up.  People are charging more because of Covid 19. 

https://www.fool.com/investing/2020/07/25/good-news-you-might-get-social-security-cola-2021.aspx

If you like charts, MOOA explains how Cola is calculated based on only the summer and fall. 

https://www.moaa.org/Content/Take-Action/COLA-Watch

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I am not so sure, but it certainly would help all of us Veterans pay check.

IF THE DEMOCRATS ELECT THE STIMULUS PACKAGE AS TO PAY EACH ADULT ANOTHER 1,200.00 CHECK NEXT MONTH  ....Watch-Out!!

 I CAN ONLY IMAGINE  WHAT THIS WILL CAUSE LATER ON IN THE FUTURE???

IT WILL MORE THAN LIKELY CAUSE A Major Economic  Depression worse than the good old USA has ever seen. (jmo)

I believe we all will see this and have to endure the consequences.

Plan ahead for the future the best way you can. (jmo)

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I don't know. Maybe we will, maybe not. The armed forces are getting an increase next year, although it isn't connected to cost of living. But this is the season to pass bills to buy votes. The more bills these politicians pass, the more support they get. These people can't see 5 or 10 years down the road what all this wasteful spending can do to the economy. Our kids and grandkids are going to be paying big time for being wasteful. 

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