Am I wrong that Obama's chained CPI proposal exempts the bottom 20% of seniors?

[timdog44]

36. Absolutely clueless.

And gets even more clueless throughout the posting. Lack of heart, compassion and fairness pervades this thread. Seems to be coming from some RW space. To suggest that people above the 20% group are not in poverty is simply false. It may be technically in some governmental bureaucratic graph, but to think that people on SS can comfortably survive on even $20000 a year is mindlessly ridiculous. It is a sin in this wealthy country to even expect that to happen. "Come on and suck it up" sounds like something out Paul Ryan's book. It is shameful.

SS was not designed to be sole moneys for people, but the fact is, that it is for a lot of them. If not solely, at least a majority of their moneys. So if this elderly couple have SS income of $20000 and another $10000 for a total of $30000, that still makes life very difficult for them and any reduction in SS, which would happen for them, is a heavy burden.

The real solution is to increase SS, lower the age, and impose tax above the cap to no cap, and include all income and not just earned income. The real solution is not to blame to people on SS, but to fix the problem.