Sunday, October 09, 2005

A bright side to higher gasoline prices?

From today's Pittsburgh Post-Gazaette:

"Here's the bright side to last month's surge in gasoline and other energy prices: Come January, Social Security recipients probably will see the biggest increase in their monthly checks that they've seen in 15 years."

Find it at the newspaper's web site.

We should know the exact numbers sometime this month. Of course, the Social Security increase often is reduced by increase in Medicare Part B premiums, so is this glass half full or half empty? Or leaking badly?

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