Elizabeth Warren 'Shocked' At White House Plan To Cut Social Security

[Raggaemon]

18. I'm a 60's liberal but ...

Listening to all of the hysteria coming from my liberal brothers & sisters over the president talking about changing Social Security benefit adjustments from our current Cost Of Living Adjustments/COLA system to a "Chained CPI" proves to me how quickly we are to throw our own under a bus.

I took time to study the CPI indexes, yeah, there's more than one measure .... this is what I learned.

The CPI-E ( Experimental ) follows the effects of inflation on seniors, according to the Bureau Of Labor Statistics seniors face unique costs associated with medical care and prescription drugs, those costs typically have the impact of eroding the purchasing power of seniors. By using the CPI-E to gauge future adjustments in Social Security benefits in place of the COLA, it's very possible that beneficiaries would gain and not lose income.

We don't know if president Obama means the current CPI-U ( Urban households ) that measures costs in typical urban households, do we ?

Before we take out those pitch forks and turn our backs on Barack Obama, don't we owe it to ourselves to really know what we're mad at him for ? I've tried passing this information along on progressive media outlets, but it sure seems to me that nobody knows what the hell I'm referring to first, but they get right back to wanting to eat one of our own.

"While liberals get bogged down in in-fighting and debating issues, conservatives are busy creating new, easy to repeat bumper stickers".