Birdwatch Note Rating
2022-11-02 16:58:43 UTC - HELPFUL
Rated by Participant: 8C9FFC7E559635A7A1A1BC37D42AB2E94164E1D688AFB55840BD75A89F0A85D2
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