If You Are A Baby Boomer - the real reason YOU SHOULD BE FURIOUS over CPI cuts:

[customerserviceguy]

66. No, we had years to figure out how to get past the baby boom

and we blew it. We could have introduced chained CPI two decades ago, and inflation has been pretty low in that time, it wouldn't have made too much of a difference. We could have adoped Al Gore's lockbox idea, but that went by the wayside, too.

No, reich wingers call it a Ponzi scheme. There's a difference, with a Ponzi scheme, those who get paid have no idea that their money is coming from current "investors", with a pyramid scheme, everybody knows that their money comes from new folks who buy into the plan. Everybody thinks they won't be left holding the bag when it all comes crashing down. That time is coming rapidly.

That whole "take the money from the people who stole it" meme is a common theme I see among those who deny the problems Social Security and Medicare face. They posit that there is a vast sum of money sitting around somewhere that will make the systems whole, and they also suppose that there is a mechanism to transfer that imaginary pot of gold to "the people". Doesn't exist, and even if it did, there is no practical political way to get it into the Social Security and Medicare trust funds.

The time for continued denial is growing short.