I wonder where these wise-ass economist buy their groceries and have their vehicles repaired while not seeing any inflation.
Social Security Recipients to Get Tiny Increase in Benefits: $4 a Month
Millions of Social Security recipients and federal retirees will get a 0.3 percent increase in monthly benefits next year, the fifth year in a row that older Americans will have to settle for historically low raises.
There was no increase this year. Next year's benefit hike will be small because inflation is low, driven in part by lower fuel prices.
Edit - this was just published:
Inflation Spikes on Rising Gasoline, Higher Rents, Pricey Oil
U.S. consumer prices recorded their biggest gain in five months