Humans watch September inflation hit 3.7% while Social Security rises 3.6%, then wonder why the math never works.
The inflation report arrived like a bill with a thank-you card attached. September prices climbed 3.7%, fueled by an energy spike from the war with Iran, while Social Security recipients were promised a 3.6% cost-of-living adjustment — an extra $75 a month that will reportedly cover roughly one tank of gasoline and a disappointed sigh. Workers, meanwhile, saw wages rise 3%, which mathematically means everyone got a raise and a pay cut at the same time. The government's solution is to hand retirees a slightly larger number while prices sprint ahead, preserving the sacred tradition of inflation indexing: you get more dollars, they buy fewer things, and the ritual repeats on schedule. Expect seniors to feel wealthier every January and poorer every February, as the real purpose of the COLA is to keep the annual disappointment ceremonial. The war premium, naturally, is not optional.