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In the previous post, Dean Baker noted that Social Security payments went up considerably last quarter because they’re based on inflation measurements that included the big runup in gasoline prices through mid-2008 but not their subsequent fall.  Needless to say, though, there’s a flip side to that:

For the first time in more than three decades, Social Security recipients will not get any increase in their benefits next year, federal forecasts show.

…. The forecasts, by the Obama administration and the Congressional Budget Office, indicate that Social Security beneficiaries will not receive any cost-of-living increase in 2010 or in 2011.

This certainly won’t help whatever recovery we manage to start eking out next year.

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is the first thing despots go after. An unwavering commitment to it is probably what draws you to Mother Jones' journalism. And as we're seeing in the US and the world around, authoritarians seek to poison the discourse and the way we relate to each other because they can't stand people coming together around a shared sense of the truth—it's a huge threat to them.

Which is also a pretty great way to describe Mother Jones' mission: People coming together around the truth to hold power accountable.

And right now, we need to raise about $400,000 from our online readers over the next two months to hit our annual goal and make good on that mission. Read more about the information war we find ourselves in and how people-powered, independent reporting can and must rise to the challenge—and please support our team's truth-telling journalism with a donation if you can right now.

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