Social Security Will Not Get Cost of Living Adjustment in 2016

People on Social Security “benefits” will not see a cost-of-living increase in 2016. This is only the third time since 1975 that this has happened, and Social Security recipients are not happy about it for obvious reasons: The annual cost of living adjustment, or COLA, is based on the government’s measure of inflation. This year’s lack of COLA has Social Security beneficiaries worried. “It’s terrible the way they’re doing old people that have worked all their lives and are barely getting Read more […]

$15 Minimum Wage = $8 Big Mac Meal

Liberal Democrats are pushing to raise the federal minimum wage from $7.25 per hour to $15 per hour. They claim that it will help millions of Americans to provide for their families and require less government assistance. The argument looks good on the surface, but like so many other things in life, the liberals fail to logically think through the consequences of what they are demanding. To start with, thousands of small businesses are already in financial trouble due to Barack Obama’s increased Read more […]