General Discussion
In reply to the discussion: "I live on $710.00 a month, what exactly am I supposed to cut?" [View all]TomClash
(11,344 posts)Chained CPI lowers benefits to most beneficiaries and begins the efforts to redefine SS as a means tested program, formerly the country's biggest political taboo. That will eventually ensure its demise and replacement with a Wall Street controlled private system where everyone gets lessat best, but hedge funds and private equity get more. Much more. I know it and you can bank on it. It is the beginning of a heist of epic proportions.
And what of the widow living on a small pension with SS, who does not qualify for your hallowed scheme? Is she to be sacrificed on the alter of Pete Peterson's "deficit reduction" by the guy all of us just worked to get re-elected? All for the clarion call of lower deficits while the economy staggers along for everyone but the fortunate few? What kind of stupid economic policy is that?
Before you lamely insult long time Democrats who question the President's move, take a long and thoughtful look at what you're supporting.