With all the local and federal government talk about a need for an increase in the work force minimum hourly wage, how about the government taking a hard look at its yearly cost-of-living increases?
I am a retired federal government employee, and for the past several years I have received a measly cost-of-living increase of less than 2 percent. It really is a joke. I look around me and see my out-of-pocket costs increasing dramatically for food, rent, utilities, medical, etc. The bleeding doesn't stop.
Each year, many of us are falling farther and farther behind. The current formula the government uses for making adjustments for cost of living is antiquated and far from reality. It's time the feds looked at this issue more closely and corrected their math. The poor keep getting poorer!