Don't they know that extra money went to pay for banker bonuses because otherwise, they would only be at the bottom or possibly a few hundred thousand dollars over the $250,000 mark? Please people, think about the bankers. They're only human and gosh, they really tried making the most with the bailout money that they received. Now that the money has been spent, they have so little to work with so it's best that we think more about what's best for them and their exclusive lifestyles.
As if voters don't have enough to be angry about this election year, the government is expected to announce this week that more than 58 million Social Security recipients will go through another year without an increase in their monthly benefits.
It would mark only the second year without an increase since automatic adjustments for inflation were adopted in 1975. The first year was this year.
"If you're the ruling party, this is not the sort of thing you want to have happening two weeks before an election," said Andrew Biggs, a former deputy commissioner at the Social Security Administration and now a resident scholar at the American Enterprise Institute.
More than 58 million recipients must make cutbacks to weather the hold on benefit increases.
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