Inflation is good, dont'cha know!

[George K]

Remember where democracy dies....

https://www.washingtonpost.com/us-policy/2022/10/18/irs-deductions-brackets-inflation/

[Doctor Phibes]

@George-K said in Inflation is good, dont'cha know!:

Remember where democracy dies....

Is anybody actually dumb enough to go along with this?

Anybody that actually pays taxes, that is.

[George K]

@Doctor-Phibes said in Inflation is good, dont'cha know!:

Is anybody actually dumb enough to go along with this?

This evening, I saw a talking head claiming that the Democrats are pushing for a Social Security COLA and the GOP is opposing that.

Well, no. It's a matter of law that SS benefits are adjusted for inflation, and neither party has anything to say about it.

And the host of the program was silent.

[Doctor Phibes]

@George-K said in Inflation is good, dont'cha know!:

@Doctor-Phibes said in Inflation is good, dont'cha know!:

Is anybody actually dumb enough to go along with this?

This evening, I saw a talking head claiming that the Democrats are pushing for a Social Security COLA and the GOP is opposing that.

Well, no. It's a matter of law that SS benefits are adjusted for inflation, and neither party has anything to say about it.

And the host of the program was silent.

Well, OK. It's not quite up there with "100% of the city of Birmingham is Muslim", but still, pretty bad.

[Mik]

Up a whole 7%? Wow. Sounds a lot like heads they win, tails you lose.

[Doctor Phibes]

To be perfectly honest, I couldn't give a shit about what inflation does to people earning 700 grand a year. They have to sell their second yacht to scrape by? Give up Frappuccino's?

I know, I know, I'm so selfish.

[George K]

Why it's almost as though they all got their information from the same source on the same day.

https://www.nytimes.com/2022/10/18/business/irs-tax-rates-inflation-2023.html?te=1&nl=updates-from-the-newsroom&emc=edit_ufn_20221019

[Jolly]

Do they just do a group email with the Dem talking points or is it little more subtle?

[George K]

@Jolly and you thought the journolist listserv was dead, right?

[LuFins Dad]

Hey, the deficit is also lower in relative figures!

Win/Win!