Remarkable surge continues

6/30/09 Year-to-date (Jan-June) total new Social Security retirees continues to skyrocket.
Reasons:
1) Returning US soldiers have lots of sex in 1946
2) Social Security COLA rises to 5.8% this year
3) Unemployment rate this year over 9%
4) Stock market plunges
5) Home prices plunge

More on Social Security Retirement Drivers and Effects

6/29/09 The incredible spike in the number of 62 year olds will drive record increases in Social Security retirments. Other drivers will be a falling stock market, high unemployment rate, lower home prices and 5.8% COLA increase.

New Retirees and Savings Rate

6/26/09 "Baby Boomers" are taking Social Security retirement in record numbers this year. When these guys retire they start saving.

Physician Services Prices

6/17/09 Physician Services prices continue to soar above core CPI.

May Retail Sales and GDP

6/11/09 Retail Sales less Gasoline, autos and building materials continues to crash. This number is the one thats used in GDP for retail sales.

May welcomes 90,000 Social Security New Retirees

6/1/09 The number of new Social Security retirees continued to skyrocket in May. 90,000 new retirees in May made May 2009, by far, the record breaking May in the history of the progra. The higher COLA payments seems to be the main attractor. The spike in this year's higher payments is showing up on the income side as seen in today's Income and Spending release.