walkingstick » 27 May 2022, 3:48 pm » wrote: ↑
due to inflation, there might be a 4% a month social security increase.. a person getting $1k a month from s.s. would get $40 a month more. while a person who gets $2k a month from s.s. would get $80 a month more. both need an increase. what would be fare, dollar increase, not percentage increase. so. give both $60 a month increase. problem. biden cannot do simple math.
It was done fairly. This might not be exact and is circumstance dependent, but the person receiving $80 per month generally
paid twice as much into the system as the person receiving $40 per month. What a person receives is based on what they contributed.
What you proposed is akin to a communist style redistribution.