General Discussion
In reply to the discussion: Social Security belongs to the American people. It is not Obama's to bargain with. [View all]ljm2002
(10,751 posts)..."for not voting in 2010".
Whoa there l'il buddy. I certainly voted in 2010, straight Democratic. I'll wager that 99% (at least) of the people you are addressing also voted in 2010, and voted Democratic.
And limiting increases relative to inflation is very relevant, more so to an aging population whose sole or primary income is Social Security, since their expenses tend to rise faster than inflation.
If this is such a miniscule adjustment, then why is Obama bothering with it in the first place? If it is a "difference that makes no difference", why risk political capital in proposing it?
Because it does have an impact, that's why. Unfortunately, the impact on the deficit is nil, since Social Security does not contribute to the deficit. But the impact on those receiving Social Security is quite real, since most recipients aren't exactly living high on the hog to begin with.