2009-10-15

The Case Against Bailing Out Granny

People on Social Security should not receive $250 checks from the government. They are not getting a cost of living adjustment (COLA) this year and for good reason: the cost of living has decreased. Deflation has set in. That means that their groceries, gas, and other things cost less this year. It is basically a handout to give them a raise. There are many people who are employed that did not get raises this year, why should we be giving what amounts to a bonus to someone on government pension?

I'm all for Social Security, but don't see the need to throw a $250 check at people who are not in a worse position than they were last year. This money would be better directed at people who are unemployed.

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