2019 Social Security COLA

Feburary 2, 2018. The CPI-W on which the Social Security COLA is based was up 0.1% in December of 2017. Recent news indicates there has been an uptick in inflation that might translate into a decent COLA for the year 2019. The recent stock market drops have been in part blamed on a fear that inflation will increase dramatically with the improved economy. There are some indications that gasoline prices may firm up. Energy overall is down but food and used cars/truck are up. Cost of shelter (renting, ownership) have gone up 3.4% in the last year.

Up to now drops in the price of gasoline have been offsetting price increases in food, shelter, and clothing. In the food sector fruits and vegetables were markedly higher. Eggs, poultry, and meats dropped somewhat. Rent continues to climb far faster than the rate of other items in the CPI-W index. Lodging away from home showed a whopping 0.9% increase.

The 2019 SS COLA may be signicant if current trends remain in place for the rest of the year.

On another front most have heard President Trump call Democrats that did not applause during his state of the union address treasonous. Criminalization of desent in a democracy is the beginning of the end. Trump is dangerous to our country's future as a beacon of democracy.