
The Social Security COLA Tracks a Basket Retirees Don’t Buy
The annual cost-of-living increase that lands in the bank accounts of more than 70 million Social Security recipients is not, in any practical sense
Continuing the theme of the week, my twenty favorite pieces of fiction…..
1. More Die of Heartbreak. Saul Bellow
2. The Picture of Dorian Gray. Oscar Wilde
3. The Road. Cormac McCarthy
4. London Fields. Martin Amis
5. The Spy Who Came in From the Cold. John Le Carre.
6. Bright Lights, Big City. Jay McInerney
7. Ham on Rye. Charles Bukowski
8. A Man in Full. Tom Wolfe
9. The Corrections. Jonathan Franzen
10. This is Where I Leave You. Jonathan Tropper
11. Wonder Boys. Michael Chabon
12. Rabbit is Rich. John Updike
13. The Day of the Jackal. Frederick Forsyth
14. Lolita. Vladimir Nabokov
15. Bonfire of the Vanities. Tom Wolfe
16. All Quiet on the Western Front. Erich Remarque
17. Wormwood. David Levien
18. Fury. Salman Rushdie
19. Slaughterhouse Five. Kurt Vonnegut.
20. A Super Sad True Love Story. Gary Shteyngart

The annual cost-of-living increase that lands in the bank accounts of more than 70 million Social Security recipients is not, in any practical sense

Two official earnings figures disagree because they answer different questions: the Census Bureau measures a household, the BLS an hourly wage.

A dollar figure arrived at in the first year of the Kennedy administration is still the starting point for deciding who is poor in the United States.