General Discussion
In reply to the discussion: I hold a straight forward opinion: Obama offered moving to Chained CPI because he's open to it [View all]Tom Rinaldo
(23,192 posts)I have no doubt whatsoever that the President understands fully what the Chained CPI is and what it will do. He is a "Third Way" Democrat in that regard. He believes we have to "singe" the village in order to save it. I do believe that Obamna would fight tooth and nail to prevent Social Security from being privatized. I also believe he would fight tooth and nail to save it from what he would regard as major cuts. Unfortunately Obama doesn't regard the Chained CPI as a major cut - for most Americans it isn't, even thouh it can prove deadly over the lang term for a minority of us.
You are taliking about a hoped for political backlash against that change in Social Security, and that could happen, but it will now need to be a massive one to over ride what the President has already conceded. Obama never needs to run for reelection again. It all will come down to whether those Democrats who still will need to are willing to oppose both their own President and the Republican Party on this issue.