General Discussion

Sekhmets Daughter

(7,515 posts)

96. I don't disagree...

Thu Dec 27, 2012, 03:29 PM

Dec 2012

But we have been told for at least a decade that Social Security was going to have a problem and according to the Trustees Report for 2012, the problem is already here.

The Fund shows a surplus because it holds so much US debt...As of May, 2012 $2.67 trillion worth. But while we argue over the Chained CPI, which can always be changed, the fact that the entire reason SS has any financial problems is because wages have been too low for too long is being ignored.

Like you, I was not happy with the payroll tax holiday. In fact, I was horrified. I blame the actions of both parties over the past 35 years.
Dems controlled the House when Reagan and Greenspan transferred the SS surplus to the general treasury.

http://www.ssa.gov/oact/trsum/index.html

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The offer of the Chained CPI is a 'Brilliant Strategy'! Could someone explain this please? [View all] sabrina 1 Dec 2012 OP

It is the football that Lucy currently holds so Charlie Brown can try to kick it. JoePhilly Dec 2012 #1

I'm sorry, that doesn't make any sense to me at all. sabrina 1 Dec 2012 #2

Don't you see? MannyGoldstein Dec 2012 #4

Manny ... Is Obama going to cave and make a deal which cuts SS by the end of the year?" Yes / No. JoePhilly Dec 2012 #6

Do you consider the Chained CPI to be a cut to SS? sabrina 1 Dec 2012 #7

Since it results in lower benefits over time than what would otherwise occur mbperrin Dec 2012 #36

Thank you that is how I see it and that is how Veterans and all other Dem sabrina 1 Dec 2012 #62

Can hookers be convicted for simply offering to shtup? MannyGoldstein Dec 2012 #9

So you agree with regressive anti-prostitution laws? joshcryer Dec 2012 #12

Oh boy. MannyGoldstein Dec 2012 #15

Not going to answer the question? Anti-John laws have shown consistently... joshcryer Dec 2012 #18

Have I told you that I love you? MannyGoldstein Dec 2012 #21

For what it's worth... joshcryer Dec 2012 #26

And Happy Holidays to you Manny truedelphi Dec 2012 #51

Yes - the Social Security tax cut. Cuts the amount of money going into SS. grahamhgreen Dec 2012 #19

Manny ... Is Obama going to cave and make a deal which cuts SS by the end of the year?" Yes / No. pomkrazy Dec 2012 #93

Well, I'm trying to see and understand the claims that this is some brilliant sabrina 1 Dec 2012 #23

Face the facts, babe: MannyGoldstein Dec 2012 #25

Lol, this must be true because no matter how hard I try, I cannot figure it out, this sabrina 1 Dec 2012 #32

Where did I say that SS contributes to the deficit??? JoePhilly Dec 2012 #5

Yep, the poverty exemption assures it will not happen that way. joshcryer Dec 2012 #11

How does exempting the poorest from the Chained CPI lift them out of poverty? Sekhmets Daughter Dec 2012 #50

Their base income is increased to some value above 125% poverty. joshcryer Dec 2012 #55

Where did you read that? Sekhmets Daughter Dec 2012 #56

That's because Pelosi is taken out of context by liars. joshcryer Dec 2012 #63

I tend to trust Pelosi Sekhmets Daughter Dec 2012 #65

You tend to trust Nancy impeachment-is-off-the-table Pelosi? Good for you. AnotherMcIntosh Dec 2012 #67

Is that you Newt? Sekhmets Daughter Dec 2012 #75

War criminals should be in prison. They should not be walking around free, rich, and happy. AnotherMcIntosh Dec 2012 #85

So you would Sekhmets Daughter Dec 2012 #89

Nancy Pelosi said this week that the Chained CPI will 'strengthen SS' and that sabrina 1 Dec 2012 #71

Last year the Treasury had to borrow Sekhmets Daughter Dec 2012 #77

The SS Fund has more than one source of revenue. That is why despite the sabrina 1 Dec 2012 #91

I don't disagree... Sekhmets Daughter Dec 2012 #96

Well, I think we basically agree. The main point though is that while SS sabrina 1 Dec 2012 #100

I'll tell you what really worries me about Sekhmets Daughter Dec 2012 #101

Nancy Pelosi said this week that the Chained CPI will 'strengthen SS' and that pomkrazy Dec 2012 #94

So then Nancy Pelosi was wrong to say she will support Obama's inclusion of the sabrina 1 Dec 2012 #14

But Obama put them on the table - that's the problem grahamhgreen Dec 2012 #20

Those programs exist, the GOP hates them, therefore, they are always on the table. JoePhilly Dec 2012 #38

They hate the 14th amendment, why not put that on the table? Because it has nothing grahamhgreen Dec 2012 #79

Is Obama going to make a deal that cuts SS by the end of the year ... yes or no. JoePhilly Dec 2012 #105

No, but only because we've raised holy hell about about it. That said, grahamhgreen Dec 2012 #106

I think ... 1StrongBlackMan Dec 2012 #37

Well, that was not the question though. There are people here on DU who sabrina 1 Dec 2012 #53

Because ... 1StrongBlackMan Dec 2012 #66

Why should everyone else receive cuts? Luminous Animal Dec 2012 #70

Okay n/t 1StrongBlackMan Dec 2012 #73

What are these exemptions? Bernie Sanders and many other respected Dems sabrina 1 Dec 2012 #74

That's my point ... 1StrongBlackMan Dec 2012 #76

No, there is not any reason for a Fund that is independent of the Fed Budget sabrina 1 Dec 2012 #81

Okay n/t 1StrongBlackMan Dec 2012 #83

Nonsense. AnotherMcIntosh Dec 2012 #8

LOL limpyhobbler Dec 2012 #61

There is no reason for Social Security to be in a deficit discussion Melissa G Dec 2012 #16

Its more than a defict discussion. Always has been. JoePhilly Dec 2012 #40

And how does a discussion of the problems with the Fed Budget have anything to sabrina 1 Dec 2012 #58

Yes, and that doesn't matter. JoePhilly Dec 2012 #107

Your posts are not complete or logical. Melissa G Dec 2012 #78

I'm simply stating facts. JoePhilly Dec 2012 #108

You are NOT simply stating facts. Melissa G Dec 2012 #110

But that is not what was offered when SS was put on the table! it is cutting benefits! SugarShack Dec 2012 #27

So do you predict that Obama will agree to a deal that cuts SS by the end of this year? Yes or No. JoePhilly Dec 2012 #42

Respectfully, that's ludicrous. Demo_Chris Dec 2012 #52

If this ends up being part of a deal made with Republicans, Democrats sabrina 1 Dec 2012 #68

So is your prediction that he will make a deal to cut SS by the end of the year. Yes or No. JoePhilly Dec 2012 #109

+1 Liberalynn Dec 2012 #3

No more GRAND DEALS including the kitchen sink. _Liann_ Dec 2012 #10

+1 grahamhgreen Dec 2012 #22

Couldn't agree more, but if they did things the logical way as you laid out, sabrina 1 Dec 2012 #64

I fail to see the "brilliance" in the President ... ProfessionalLeftist Dec 2012 #13

+1 nashville_brook Dec 2012 #17

I agree, but I am being told here on DU that putting SS cuts on this table sabrina 1 Dec 2012 #24

because many here just can't believe Obama would do such a thing, but he HAS! SugarShack Dec 2012 #28

Respect? How do you know how people came to the decisions they have? If you can say that patrice Dec 2012 #30

Thank you. 840high Dec 2012 #45

So is your prediction that he will make a deal to cut SS by the end of the year. JoePhilly Dec 2012 #43

It speaks to Repubs' 47%. Getting MORE people to stand up to their "representation" is good, that is patrice Dec 2012 #29

Well, we're not talking about 'demogogues on the internet' we are talking about sabrina 1 Dec 2012 #31

The only thing from Sanders about the CPI that I have seen was a chart showing the slowing in the patrice Dec 2012 #34

Bernie Sanders on the Chained CPI: sabrina 1 Dec 2012 #39

Thanks, Senator Sanders is good enough for me. nt patrice Dec 2012 #69

What I find amazing... former_con Dec 2012 #33

Why? in a word, Congress. And what calls itself "the Left" is getting all of the mileage it can out patrice Dec 2012 #35

Yep former_con Dec 2012 #41

I gather you are not impressed with "the Left". madfloridian Dec 2012 #47

What do you mean by 'the left'? Maybe I am misuderstanding you but you seem sabrina 1 Dec 2012 #59

I took it to mean the poster is former_con Dec 2012 #92

Why, indeed? CrispyQ Dec 2012 #90

good luck stupidicus Dec 2012 #44

Good post. sabrina 1 Dec 2012 #97

that's it in a nutshell alrighty stupidicus Dec 2012 #104

Doggone it, Sabrina. There you go playing checkers again. madfloridian Dec 2012 #46

Omg, did Plouffe really say that? I can't believe it! Who are these people who sabrina 1 Dec 2012 #72

Between six and seven sulphurdunn Dec 2012 #48

Exactly, that is what we should be discussing. But even here on DU I see sabrina 1 Dec 2012 #82

Right now I am focused upon what is happening in Newtown bluestateguy Dec 2012 #49

We can do both. It won't help Veterans, Seniors and the most vulnerable sabrina 1 Dec 2012 #54

I thought he was just going to wash Boehner's car leftstreet Dec 2012 #57

Maybe Obama secretly wants to cut social security. limpyhobbler Dec 2012 #60

DING DING DING! We have a winner! grahamhgreen Dec 2012 #80

+1 forestpath Dec 2012 #88

Maybe Obama secretly wants to cut social security. pomkrazy Dec 2012 #98

There is nothing brilliant about.... NCTraveler Dec 2012 #84

I'm waiting for the entire democratic party to say what Representative Brown said: CrispyQ Dec 2012 #86

It's a huge betrayal and kick in the teeth to vulnerable people. forestpath Dec 2012 #87

this n/t ^^^^^ warrprayer Dec 2012 #95

You go with what you got. If that's all you have, you use it. Autumn Dec 2012 #99

Its a sleight of hand. HooptieWagon Dec 2012 #102

Thanks, that is correct. It is the attempt to deceive that has angered so many sabrina 1 Dec 2012 #103