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)Your post reads suspiciously like third way propaganda. Here are a few of the those "disguised as Democrats" who oppose chained CPI:
Robert Reich
Bernie Sanders
AARP
Dean Baker
Paul Krugman
International Brotherhood of Teamsters
. . . and many, many more
My post was about chained CPI and your tirade against imagined groups purportedly posing as Democrats. To all who can read, it was not about the entire proposal to Boehner, which he has already rejected. What a surprise.
Chained CPI is supposed to be a deficit reduction measure. It changes the way benefit increases are calculated. How do all your wonderful claims, like ending poverty among the elderly poor, reduce the deficit? They don't.
We don't need chained CPI to "fix" social security today or three decades from now. But the White House has now put Social Security cuts, however small, on the table. Once you make a concession it is pretty hard to retract it.
You didn't address my example of the widow with the modest pension, whose social security is now a bit less. Most recipients are not wealthy by any means. We live in a world where pensions are becoming smaller and rarer and are replaced by IRAs, 401(k)s and other plans that are usually lesser alternatives to pensions. There is no need to reduce social security too.