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Old 12-14-2022, 08:51 PM   #186
John Mercier
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Quote:
Originally Posted by ITD View Post
Not all "fixed income" is a government program. There are pension schemes that are fixed income, people rely on things like annuities too. Even Social security, with it's increases should still be considered a fixed income. Adjusting for inflation does not increase the spending power. In fact, many would argue that inflation indices used to quantify inflation aren't even close to reality.
But when you are using it to imply that the working population isn't hurting like those with inflation-adjusted retirement incomes, it is going to fall on very deaf ears.

Especially since the working population is seeing their incomes increase at a slower rate than the ''fixed'' incomes. I see it every day. We have a lot more working poor *yes - I know that is considered not PC currently* than we wish to admit to.
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