General Discussion
In reply to the discussion: Pres Obama: David, in pursuit of strengthening SS, I'm willing to cut SS benefits [View all]plethoro
(594 posts)to say it and posted so yesterday. Let's face it, he could have wheeled grandma in in her Invacare Power Bed and there would be those here that would say he was just doing this for effect. IMO, the only way the chained CPI will not be put into effect is if the Republicans oppose it. Now, move forward six weeks for the debt limit fiasco. The Republicans will say they WILL NOT raise the debt limit unless Obama reforms entitlements (Social Security). Namely, "adjust the age for Social Security, CPI changes and means testing and look beyond the ten-year window.." (per Graham). Obama will pause on this for a few days, then agree to one or two of these items, probably "means testing" and "chained CPI " if not already done. This is what the corporatists want. However, when he does this, there will be none or close to none supporters for this on this board. This time every one here will get real busy contacting everyone in Congress and voters too. I will do this and also bumper stickers too, which I already have some ready to go. I would post them here but I don't need the flame. Anyway, this is what I think will happen. If it does, it will stop any economic expansion cold as people begin to understand they'll have to save more money for themselves and also junior, who will get nothing from SS unless he would qualify for welfare.
I wasn't going to post these thoughts if Obama had not confirmed his intention to go for a chained CPI adjustment implementation. But he did. I heard it. I do not believe it was a chess move.