, 2022-10-15 08:36:41,
WASHINGTON (AP) — The news that 70 million people will see an 8.7% boost in their Social Security checks next year came just weeks before Election Day, but it is unlikely to give Democrats the edge they are desperately seeking at the polls.
In fact, the promise of bigger payments could call even more attention to the surging prices that have been inflicting pain on households — and the reason behind Thursday’s announcement of the the program’s largest cost-of-living increase in four decades.
“It’s going to bring more money to people’s pockets, but it primes people to think about high inflation,” said Marty Cohen, a James Madison University political science professor.
“This is being done because inflation is bad, and that’s the reason for the large adjustment. It’s not an issue that Democrats want on the front burner for voters.”
Voters have ranked the economy as a higher priority than Social Security, with 71% of U.S. adults telling Pew Research Center in January that strengthening the economy was a top priority for the president and Congress versus 57% saying the same about ensuring the Social Security system is financially sound.
To read the original article from www.whec.com, Click here