General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsSo Huffington Post, which has been wrong about President Obama
cutting Social security and Medicare for the last 4 years, is to be believed now for what reason? Is he really, really, really going to cut it his time? Are they sure?
BlueStreak
(8,377 posts)if you are talking about Ezra Klein.
And he is generally NOT wrong about these things.
WonderGrunion
(2,995 posts)Ezra has been wrong a lot about President Obama.
democrattotheend
(11,607 posts)It's not speculation on HuffPo.
BUT I am thinking that they leaked it because they want to look reasonable and know the House won't pass it.
WonderGrunion
(2,995 posts)I won't be surprised if he's doing it here too.
democrattotheend
(11,607 posts)I can't think of any specific examples. But I would love it if we were both right on this one.
WonderGrunion
(2,995 posts)President Obama knew that stinker was going nowhere, but put it out for all to see.
DisgustipatedinCA
(12,530 posts)Unless someone on DU is actually negotiating with the President, none of us has firsthand knowledge. We are left to depend on any journalism we opt to trust, while you're left to browbeat people for interpreting the tea leaves in a way that disagrees with your preconceived notions. What qualifies you for this station?
WonderGrunion
(2,995 posts)Yours....not so much.
DisgustipatedinCA
(12,530 posts)I have them, but I've never told you a word about those notions. Since I know you know nothing of any preconceived notions I have, please do tell me more about all the advanced thinkin' you've been doing about this budget deal. Your word is gold, after all.
libdem4life
(13,877 posts)Same with pot. Now you see it, now you don't. Yes we did...no you didn't. The "leaks" seldom are ... or AKA "inside sources".
DisgustipatedinCA
(12,530 posts)Some of these leaks are sanctioned, some are not. Conclusion: one cannot be drawn based on the information we have. Ergo, the OP is browbeating people over something he doesn't know.
libdem4life
(13,877 posts)DisgustipatedinCA
(12,530 posts)I think he's one of the best in the business, irrespective of how the budget deal works out.
Matariki
(18,775 posts)DisgustipatedinCA
(12,530 posts)...that Ezra Klein is employed by the Washington Post. You're working from an invalid premise. Next.
WonderGrunion
(2,995 posts)You're the invalid one. Next!
I never mentioned Ezra in my Op.
Luminous Animal
(27,310 posts)proposal. Granted, Social Security and other low income serving services may be exempt from chained CPI (we can't know at this point, because We The People" apparently are not allowed to see the President's proposal), but even if targeted programs are exempt, chained CPI is a regressive tax and will it greatest impact will be on the poor and labor class...
Even if Social Security is exempt, it is going to hurt the majority of us.
According to Congress Joint Committee on Taxation, if individual income taxes were indexed to the Chained CPI starting in January 2013, by 2021, 69 percent of the gains in revenue would come from taxpayers with incomes below $100,000, while those in the highest income brackets would barely be affected. For example, workers with incomes between $10,000 and $20,000 would experience an increased tax burden of 14.5 percent, while those with incomes over $1,000,000 would just see an increase of 0.1 percent. 9 This contradicts the idea that the negative effects from benefit cuts due to a switch to the Chained CPI would be offset by increased revenue from the wealthy.
The above is an excerpt from a report from the Center For Economic And Policy Research. You can download the report from this page:
http://www.cepr.net/index.php/publications/reports/the-chained-cpi-a-painful-cut-in-social-security-benefits-and-a-stealth-tax-hike
And a link to the press release
http://www.cepr.net/index.php/press-releases/press-releases/chained-cpi-cuts-social-security-benefits-while-raising-taxes-on-the-middle-class
CakeGrrl
(10,611 posts)is hoping they're proven right, apparently.
He didn't manage it in 2010, but this year, he will "fulfill his dream".