That's fine, but then they will also most likely increase the Medicare payment.
Then the news, which is staffed by 95% people younger than 55, will yell and shout that this is a good news story! But that's because those young people don't know the right questions to ask the older people, like,
"So how much has your rent/groceries/gas/Medicare payment increased in the past year?"
Old Person: "Oh, they all increased about 5% to 9%."
"So then, at 3.4% increase you're still falling behind financially."
Old Person: "Yes."
Then one wing of the political spectrum will use the news to scream and cry that all these "entitlements" must end!!!!! Can you imagine if that actually happened - if they killed Social Security next year, we all get $0.00? The churches would have to build Senior Only Homeless Shelters right quick because some Seniors are so physically vulnerable to getting assaulted and robbed by younger people - even by fellow Seniors, but even old guys start to lose their strength over time. But some old people still go crazy over time, so they can still beat on other Seniors if they have brain diseases.
But yeah - that's what would happen. A vast network of Seniors-Only Shelters would have to be opened. Then the young news reporters would be there, creating "good news" stories about Senior Only Shelters - as IF that is actually a good thing!?
This is why I have lost interest in much of the news. Same old arguments repeated ad infinitum,
with few real solutions.
I'm sorry to be a Debbie Downer about this. To keep up with inflation and Medicare, maybe it should rise 9%? Maybe?
I'll bet this pisses off young people when they see the gov't. automatically increase Social Security, but the gov't, will not automatically increase the Federal Minimum Wage.