General Discussion
In reply to the discussion: Kos: "White House Appears Shellshocked" [View all]jeff47
(26,549 posts)Social Security funds deficits.
So why, exactly, do we need to cut Social Security for jobs, unemployment benefits and the like?
And could you name the Republicans lining up behind this proposal, agreeing to pass those "jobs, unemployment benefits, etc." bills thanks to chained CPI?
There is absolutely no positive from this proposal. It would cause people to literally die. Republicans will never let it pass, and will run against it in 2014. Hard. Democrats will never let it pass and will have to desperately run away from it in 2014. And the VSPs will continue to write editorials claiming Obama has not shown enough "leadership". Oh, and it won't close the funding gap those VSPs are worried about in 30 years....btw, that gap goes away if you assume the economy grows the same rate over those 30 years as the previous 100.
This proposal has no upside.