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Wed Apr 10, 2013, 12:44 PM

Elizabeth Warren 'Shocked' At White House Plan To Cut Social Security

Senator Elizabeth Warren (D-Mass.) made it clear Wednesday in an email to supporters that not only would she oppose President Barack Obama's plan to cut Social Security benefits through a cost-of-living adjustment known as chained CPI, but that she was "shocked to hear" it was included in the White House's budget proposal at all.

Warren said her brother David lives on the $13,200 per year he receives in Social Security benefits. "I can almost guarantee that you know someone -- a family member, friend, or neighbor -- who counts on Social Security checks to get by," she wrote. She continued:

That's why I was shocked to hear that the President's newest budget proposal would cut $100 billion in Social Security benefits. Our Social Security system is critical to protecting middle class families, and we cannot allow it to be dismantled inch by inch.
The President's policy proposal, known as "chained CPI," would re-calculate the cost of living for Social Security beneficiaries. That new number won't keep up with inflation on things like food and health care -- the basics that we need to live.

In short, "chained CPI" is just a fancy way to say "cut benefits for seniors, the permanently disabled, and orphans."


http://www.huffingtonpost.com/2013/04/10/elizabeth-warren-social-security_n_3053355.html

30 replies, 3048 views

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Arrow 30 replies Author Time Post
Reply Elizabeth Warren 'Shocked' At White House Plan To Cut Social Security (Original post)
Ichingcarpenter Apr 2013 OP
sabrina 1 Apr 2013 #1
Ichingcarpenter Apr 2013 #3
sabrina 1 Apr 2013 #25
Beacool Apr 2013 #12
G_j Apr 2013 #19
Beacool Apr 2013 #27
Ichingcarpenter Apr 2013 #2
Armstead Apr 2013 #6
Zorra Apr 2013 #9
Dragonfli Apr 2013 #17
cali Apr 2013 #4
Armstead Apr 2013 #5
cali Apr 2013 #7
Armstead Apr 2013 #15
carolinayellowdog Apr 2013 #16
myrna minx Apr 2013 #8
Doctor_J Apr 2013 #10
QC Apr 2013 #11
bullwinkle428 Apr 2013 #13
QC Apr 2013 #14
Raggaemon Apr 2013 #18
The Link Apr 2013 #20
Raggaemon Apr 2013 #28
Buzz Clik Apr 2013 #21
MannyGoldstein Apr 2013 #26
Raggaemon Apr 2013 #29
Buzz Clik Apr 2013 #22
Initech Apr 2013 #23
blkmusclmachine Apr 2013 #24
Raggaemon Apr 2013 #30

Response to Ichingcarpenter (Original post)

Wed Apr 10, 2013, 12:50 PM

1. Elizabeth Warren doesn't understand. The President didn't mean it, he only did it to

make Republicans look bad. Can't she see how bad he has made Republicans look by proposing cuts to SS?

She must be a member of the whiny, martyred, professional left who 'hates Obama'.

Wait for the explanations as to why Elizabeth Warren is saying stuff like this.

I'm guessing we are going to be told that she is part of the big plot to make Republicans look bad.

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Response to sabrina 1 (Reply #1)

Wed Apr 10, 2013, 12:54 PM

3. We wrote that at the same time

Way to go comrade professional leftist.

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Response to Ichingcarpenter (Reply #3)

Wed Apr 10, 2013, 04:20 PM

25. Lol, great minds think alike!

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Response to sabrina 1 (Reply #1)

Wed Apr 10, 2013, 01:07 PM

12. Isn't that the same excuse the WH used in 2011 when they favored Sequestration?

That it would be so horrible that it wouldn't be implemented.

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Response to Beacool (Reply #12)

Wed Apr 10, 2013, 01:57 PM

19. Yep. nt

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Response to G_j (Reply #19)

Wed Apr 10, 2013, 05:09 PM

27. And look how well that turned out...............

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Response to Ichingcarpenter (Original post)

Wed Apr 10, 2013, 12:51 PM

2. Now that's a 'professional leftest'

Who fights for democratic ideals
Maybe president obama should invite her to dinner.

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Response to Ichingcarpenter (Reply #2)

Wed Apr 10, 2013, 12:56 PM

6. Same Day he invites Bernie Sanders, I'll guess

 

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Response to Ichingcarpenter (Reply #2)

Wed Apr 10, 2013, 01:00 PM

9. This difficult, uppity woman is the essential heart of

the [strike]Democratic Party[/strike] Professional Leftistism and must be removed from the Senate and put in her place (the White House) at the first possible opportunity!

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Response to Zorra (Reply #9)

Wed Apr 10, 2013, 01:18 PM

17. A "House Committee on Un-American Activities" should be formed to root out traitors like her

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Response to Ichingcarpenter (Original post)

Wed Apr 10, 2013, 12:54 PM

4. Does she help her brother financially?

 

I hope so. $13,200 is awfully hard to live on.

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Response to Ichingcarpenter (Original post)

Wed Apr 10, 2013, 12:55 PM

5. Elizabeth...Meet the Bus.

 

Watch for it.

It'll be along any second.

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Response to Armstead (Reply #5)

Wed Apr 10, 2013, 12:58 PM

7. pshaw. the vast majority here are firmly opposed to Obama's chained CPI scheme.

 

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Response to cali (Reply #7)

Wed Apr 10, 2013, 01:12 PM

15. Coulda fooled me.....And the centrist "adult" bus is bigger than DU

 

And many who are "opposed" to the CPI scheme are still doing gyrations about how Obama "doesn't really mean it."

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Response to Armstead (Reply #15)

Wed Apr 10, 2013, 01:16 PM

16. the majority here isn't silent, but the minority drives the bus and throws people under it

I reckon fewer than 10% of DUers are party loyalist centrist bullies, but when they post on average 10 times as often as the rest of us, they create a false impression of greater numbers.

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Response to Ichingcarpenter (Original post)

Wed Apr 10, 2013, 12:58 PM

8. We *all* know someone. Our lives shouldn't be ploitical bargaining chips. I didn't vote for this.

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Response to Ichingcarpenter (Original post)

Wed Apr 10, 2013, 01:06 PM

10. She'll get used to it

 

I wish I was still shocked by anything the president does

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Response to Ichingcarpenter (Original post)

Wed Apr 10, 2013, 01:07 PM

11. She never really loved him!

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Response to QC (Reply #11)

Wed Apr 10, 2013, 01:10 PM

13. But I've always loved her!

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Response to bullwinkle428 (Reply #13)

Wed Apr 10, 2013, 01:11 PM

14. You're an ideologue left emoprog meanie!!11!

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Response to Ichingcarpenter (Original post)

Wed Apr 10, 2013, 01:55 PM

18. I'm a 60's liberal but ...

Listening to all of the hysteria coming from my liberal brothers & sisters over the president talking about changing Social Security benefit adjustments from our current Cost Of Living Adjustments/COLA system to a "Chained CPI" proves to me how quickly we are to throw our own under a bus.

I took time to study the CPI indexes, yeah, there's more than one measure .... this is what I learned.

The CPI-E ( Experimental ) follows the effects of inflation on seniors, according to the Bureau Of Labor Statistics seniors face unique costs associated with medical care and prescription drugs, those costs typically have the impact of eroding the purchasing power of seniors. By using the CPI-E to gauge future adjustments in Social Security benefits in place of the COLA, it's very possible that beneficiaries would gain and not lose income.

We don't know if president Obama means the current CPI-U ( Urban households ) that measures costs in typical urban households, do we ?

Before we take out those pitch forks and turn our backs on Barack Obama, don't we owe it to ourselves to really know what we're mad at him for ? I've tried passing this information along on progressive media outlets, but it sure seems to me that nobody knows what the hell I'm referring to first, but they get right back to wanting to eat one of our own.

"While liberals get bogged down in in-fighting and debating issues, conservatives are busy creating new, easy to repeat bumper stickers".

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Response to Raggaemon (Reply #18)

Wed Apr 10, 2013, 02:00 PM

20. So the projection of 230 billion in savings over 10 years is a gain?

 

What makes up that 230 billion in your mind? That is a better situation for seniors?

WTF?

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Response to The Link (Reply #20)

Thu Apr 11, 2013, 09:32 AM

28. Here's the point !

MOST folks have no clue about the various CPI sub-indexes, the way the news is being pushed creates a false impression of the CPI as a one-size-fits all, it is not ! What would the impact on Social Security benefits actually be if the CPI-E is used as opposed to the CPI-U ?

This is from the Bureau of Labor Statistics :

From the Bureau of Labor Statistics : A more detailed examination of the indexes shows that the CPI-E had the highest rate of price increase of the three populations for four of the seven major groups. Medical care prices rose in excess of two times the rate of the average for all items in each population group during this 5-year period. Analysis of the relative importance data for the CPI-E, the CPI-U and CPI-W populations indicate that older Americans devote a substantially larger share of their total budgets to the medical care (see table 2). Because of this, and because the medical care component of the CPI showed the largest price increase, medical care accounts for most of the difference between the higher rate of increase in the CPI-E experimental index--as compared to the CPI-U and CPI-W indexes--during the 1990-95 period.

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Response to Raggaemon (Reply #18)

Wed Apr 10, 2013, 02:31 PM

21. +1

 

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Response to Raggaemon (Reply #18)

Wed Apr 10, 2013, 04:23 PM

26. Our President has been very specific as to what CPI he's using

 

The "Superlative CPI" - look it up - a great name for an evil bit of work.

Moving to the CPI-E would increase benefits to seniors, as you say. The "Superlative CPI" is a trainwreck that has nothing to do with seniors, and would be a significant cut.

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Response to MannyGoldstein (Reply #26)

Thu Apr 11, 2013, 09:37 AM

29. Superlative CPI

The term "superlative CPI" is interchangeable with the term "chained CPI", it does not define which CPI measure is being proposed to be "chained".

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Response to Ichingcarpenter (Original post)

Wed Apr 10, 2013, 02:32 PM

22. Senator Warren must not read DU. Ever.

 

That would explain her sanity.

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Response to Ichingcarpenter (Original post)

Wed Apr 10, 2013, 02:53 PM

23. Why don't we end the corporation's free ride?

They rake in billions and get billions more free and everyone has to suffer cost of living cuts because of profit hoarding bullshit. Problem solved.

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Response to Ichingcarpenter (Original post)

Wed Apr 10, 2013, 03:26 PM

24. She wasn't paying attention.

 

Fooled ya.

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