Birdwatch Note Rating
2022-11-02 15:20:25 UTC - HELPFUL
Rated by Participant: 1BC7E2C8720B58B1F2DB3BA11C51516FCE8E01DAEBBADAC5D95C85B84AC1179D
Participant Details
Original Note:
Seniors are getting an increase as a cost-of-living adjustment, not an increase in purchasing power. Inflation is up about 8.3% and they're seeing an increase of 8.7% so the net increase is only 0.4% This is laid out on the SSA website and link is attached. https://blog.ssa.gov/social-security-benefits-increase-in-2023/
All Note Details