News Story of the Day: Next year’s Social Security cost-of-living adjustment (COLA) is expected to come in at 1.6 percent, down from 2.8 percent in 2019, notes a non-partisan advocacy group for retirees. This would equal to about $23 per month for someone receiving the average benefit of $1,460.
For the last decade, SS benefits have averaged 1.4 percent, about half of the three percent average of the first decade of the 21st century.
So, this could be spun by the administration of being better than the average during the Obama years. But opponents could accuse the government of hurting retirees.
Chart of the Day: If you listen to Saint Greta Thunberg during the United Nations this week, climate change is killing off the human race by the millions every day. She says that we caused her childhood dreams to vanish and “how dare you” for caring for the economy. But is climate change killing us all? Not quite, take a look at this chart.
Illustration of the Day: Did you hear? Hillary Clinton has blamed something else for her epic 2016 election defeat. This woman will not let it go. So, the next time something happens in your life, just say, “Hillary Clinton can blame this for her loss!”
Quote of the Day: Speaking of the saint of climate change, Ryan McMaken of the Mises Institute wrote a fabulous piece, titled “Greta Thunberg to Poor Countries: Drop Dead.” Here is an excerpt:
Industrialization isn’t the only factor behind reducing child mortality, of course. But it is certainly a major factor. Industrialization sustains modern health care amenities such as climate controlled hospitals, and it increases access to clean water and sanitation systems.
Greta Thunberg, ignores all of this, mocking the idea of economic growth as a “fairytale.” But for people in the developing world, money and economic growth — two things Greta Thunberg thinks are contemptible — translates into a longer and better life. In other words, economic development means happiness, since, as Ludwig von Mises pointed out, “Most mothers feel happier if their children survive, and most people feel happier without tuberculosis than with it.”
Thunberg’s blithe disregard for the benefits of economic growth is not uncommon for people from wealthy countries who are already living in an industrialized world built by the fossil fuels of yesteryear. For them, they associate additional economic growth with access to high fashion and luxury cars. But for the billions of human beings living outside these places, fossil-fuel-driven industrialization can be the difference between life and death.
And yet, Greta Thunberg has seen fit to attack countries like Brazil and Turkey for not more enthusiastically cutting off their primary means to quickly deliver a more sanitary, more well-fed, and less deadly way of life for ordinary people.
Tweet of the Day: No wonder why this guy was sidelined on CNN.
Hey John remember when you hacked our own oversight (Senate) committee, lied about it and later had to confess?
You shouldn’t lecture anyone on corruption and it’s laughable that you dare to criticize Pres Trump now that you have a cable news gig… https://t.co/FYfzigUJah
— Steve Cortes (@CortesSteve) September 27, 2019
Video of the Day: Even when the Ukraine transcripts prove that there was no quid pro quo between President Donald Trump and Ukraine President Volodymyr Zelensky, the mainstream media couldn’t even get their facts right! Here is an example of CNN misleading viewers and completely skipping over the part where Trump requests Kiev to look into the 2016 election. The network bypassed that and went right into Biden.
CNN just skipped right over it on air earlier this afternoon. pic.twitter.com/1cirnrMglW
— Andrew Clark (@AndrewHClark) September 25, 2019
Leave a Comment