Do the math. Who
owes who?
Minimum Social Security for retirees is
reported to be $750.00. So, if you, or someone you know, contracted with
the Social Security Administration in 1958, under the "current"
economy, and with FULL DISCLOSURE, met the stipulations of the original
contract, what should be the contractual worth of that $750.00 in 2018?
In 2018, the relative price worth of $750.00
from 1958 is:
$6,510.00 using the Consumer Price Index
$5,110.00 using the GDP deflator
In 2018, the relative amount consumers spend
worth of $750.00 from 1958 is:
$9,040.00 using the Value of Consumer Bundle
In 2018, the relative wage or income worth of
$750.00 from 1958 is:
$8,580.00 using the unskilled wage
$10,100.00 using the Production Worker Compensation
$17,000.00 using the nominal GDP per capita
In 2018, the relative output worth of $750.00
from 1958 is:
$31,900.00 using the relative share of GDP
And, if you, or someone you know, contracted
with the SSA in 1980, see https://www.measuringworth.com/calculators/uscompare/result.php?year_source=1980&amount=750&year_result=2018 and, again, do the math.
For the definitions of these indexes go to
The Seven
Indexes Used
In 2018, the relative price worth of $750.00 from 1980 is: |
$2,290.00 using the Consumer Price Index |
$1,960.00 using the GDP deflator |
In 2018, the relative amount consumers spend worth of $750.00 from 1980 is: |
$2,900.00 using the Value of Consumer Bundle |
In 2018, the relative wage or income worth of $750.00 from 1980 is: |
$2,360.00 using the unskilled wage |
$2,640.00 using the Production Worker Compensation |
$3,740.00 using the nominal GDP per capita |
In 2018, the relative output worth of $750.00 from 1980 is: |
$5,380.00 using the relative share of GDP |
Who owes who?
Ask:
Consistent with the evidence of the
dollar's devaluation, based on the SSA's contractual obligation to me.
How much should I be receiving at retirement?
What happened?
Why had the dollar devalued?
When was gold and silver removed from our contracted coin?
Who allowed for this breach of Article 1§10 of the U.S. Constitution as it
applies to "tender", "ex post facto law" and
"impairing the obligation of contracts"?
When and Where did the breach(es) of contract
occur?
|
MOBILIZING HEALTHY
COMMUNITIES - Educational information about States, Central Banks, Esquires,
and the Federal Reserve System's revenue process of bonding and…
|
Article 1§10 - No state shall enter into any
treaty, alliance, or confederation; grant letters of marque and reprisal; coin
money; emit bills of credit; make anything but gold and silver coin a tender in
payment of debts; pass any bill of attainder, ex post facto law, or law
impairing the obligation of contracts, or grant any title of nobility.
Increase
your "Fund of Knowledge".
From The Philosophy of
Rhetoric, 1911 - CURRENT Obscurity from Technical Terms
For the
definition of the "current" adjective that is frequently used by
media and politicians with regard to; "policy", "economy",
"economics", "position", "health care", etc., see
the attached definitions from Black's Law Dictionary, 1st Edition, 1891 to
correctly interpret our nation's "current problems".
Is there a remedy for lack of remedy? Yes. It was succinctly penned in 1776. Numerical emphasis is added for simplification.
When in the Course of human events, it
becomes necessary for one people to
(1) dissolve the political
bands which have connected them with another, and
(2) to assume among the
powers of the earth, the separate and equal station to which the Laws of
Nature and of Nature's God entitle them, a decent respect to the opinions of
mankind requires that they should
(3) declare the causes which impel them
to the separation.
<< Home