Birdwatch Note Rating
2022-11-02 15:22:05 UTC - HELPFUL
Rated by Participant: 1D26330B41E544610F71AE7E7B2485CEC75E6EDC25214DAB4E400067874B26FE
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