General Discussion
In reply to the discussion: If You Are A Baby Boomer - the real reason YOU SHOULD BE FURIOUS over CPI cuts: [View all]Cleita
(75,480 posts)For one thing, the inflation meme is another lie. We will not have inflation in this downward spiraling economy. Actually, we will have the opposite. We need to put people to work with living wages in order to collect more FICA. That's what will save Social Security, not stealing the benefit from old people who have paid into all their lives so billionaires can make even more billions. Your Dr. Smith is full of Heritage Foundation ideas on this if that is where you are getting your ideas from. Try listening to Paul Krugman and Robert Kuttner.
This is what the Heritage Foundation says;
http://blog.heritage.org/2012/10/03/social-security-runs-permanent-deficits-benefit-cuts-loom/
http://blog.heritage.org/2013/02/19/simpson-bowles-redux-another-600-billion-tax-increase/
That's pretty close to what you are saying.
There's a whole website of their SS blather. Go there and knock yourself out. Your Dr. Smith is on the same page with them.