New Poll: Seniors Of Both Parties Revile Chained CPI - Joan Walsh/Salon

[daybranch]

30. does President Obama have an economist

who favors this or thinks it is even advisable? Who? What economic theory says that taking money from the hands of those who earned it and giving tax cuts to the rich makes for a vibrant economy? Who?
President Obama was elected due to the belief that he was a progressive working for the people. With this action, he could not have beaten Hillary or any other democrat.
He shames us and we weep. His sad legacy is assured unless the republicans refuse the deal again, and he reminds us he was only bluffing.
If this chained CPI comes to be, we democratys will not attract volunteers for his agenda. The widespread disappointment will hurt all future progressive issues. Is this what he wants?
At this moment, the President is asking people to hep institute his agenda through Organizing for America. Call your local OFA group and ask them to complain. If they will not, Dean has a real democratic group called Democracy for America. And Move-on is fighting this too.
This chained CPI trick hurts everyone but the extrmely rich. Veterans, Government retirees, those on social security, those on disability. It wil not stop there. It will be followed by retirement systems in every business field in the country if they are allowed to do it.
Obviously the President does not need any more money, and while I welcome his willingness to cut his own salary and donate it to charity, it ain't the same as the cutback to GS-9s with children to support or the majority of other civilians.