According to this article, there will be no cost-of-living raise (COLA) in SSA for 2016. Meanwhile, there was a 700% increase in a particular drug for some patients, as you may know, So, what else is new in the pharmaceutical industry, other than generating more revenues? It's a billionaire dollar making industry, thus the essence of privatized medicine in the U.S.
There could be other mitigating circumstances for the recent decision to not increase SS which I won't comment on.
Meanwhile, in addition to the homelessness crisis reported in the news in LA, this exists at startling numbers in other parts of the U.S. as well, Again, no comment, so as to avoid incrimination.
http://www.msn.com/en-us/money/retireme … spartandhp
PS