<VV> Dir`s Com - now "Fixed Incomes" - NO CORVAIR

[Ken Wildman]

Careful.  You might scare a few people with higher math.

<very big grin>

Ken


-----Original Message-----
From: virtualvairs-bounces at corvair.org
[mailto:virtualvairs-bounces at corvair.org] On Behalf Of Bill Elliott
Sent: Friday, December 04, 2009 12:02 PM
To: Ken Wildman; 'Jim Houston'; 'Bruce Schug'
Cc: 'VirtualVairs'
Subject: Re: <VV> Dir`s Com - now "Fixed Incomes" - NO CORVAIR

If the COL (based on the CPI) is negative, then those with unchanged income 
got a raise.

;-)

Bill

----- Original Message ----- 
From: "Ken Wildman" <k-wildman at onu.edu>
To: "'Jim Houston'" <jhouston001 at cfl.rr.com>; "'Bruce Schug'" 
<bwschug at att.net>
Cc: "'VirtualVairs'" <virtualvairs at corvair.org>
Sent: Friday, December 04, 2009 11:57
Subject: Re: <VV> Dir`s Com - now "Fixed Incomes" - NO CORVAIR


> Jim:
>
> The reason is very simple.  There has been virtually no inflation during
> 2009 so the cost of living has not increased (based on the CPI) and so 
> there
> is no calculated COL for Social Security.
>
> In fact the COL, again based on the Consumer Price Index, may end the year
> slightly negative.
>
> Ken
>
>
> 

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