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10/23/2009

Unfuzzy math

I just did the math - $250 times 57 Million. Where $250 is the one-time gift that president Obama is proposing to send each social security recipient in lieu of a cost of living increase, and 57 million is the number of current SS recipients.

The answer is $14 Billion.

As one of those would-be recipients, I am compelled to ask "WTF?"

Much as I like the idea of a lagniappe, there is no logic to support this type of un-necessary government expense on the backs of working folks. $250 can't buy squat. It would make zero difference in my life style, other than incenting me to buy a case of good wine, probably French.

So how does it make sense, when the cost of living (measured by inflation) has actually gone down since last year?

Unless, you think that Obama might see this as a grand scheme to buy 57 million votes in the next election...hmmn.

Wait, I just did another calculation. Me and the missus together would get $500. Now you are talking real money.


But who, ultimately, will pay for this publicity stunt? Hmmn.

1 comment:

George W. Potts said...

Or even his grandchildren ... as the Bible says, "the sins of the father are carried unto the seventh generation."