General Discussion
In reply to the discussion: Criticize the President? We should not even be having serious conversations about this. [View all]bornskeptic
(1,330 posts)They bash him as though he were suggesting unmodified chained CPI, which he has absolutely rejected. I'm not enthralled with Obama's version, but it does have a few advantages. It would extend the solvency of the trust fund by a couple of years and it makes the system more progressive. It's crazy that people get so bent out of shape about it. It's not going anywhere, since neither Republicans nor Democrats will vote for it, and President Obama won't be running for anything. Boehner and McConnell end up looking ridiculous because they pushed Obama to offer chained CPI, and now that he did, they have to oppose it because it violates the Norquist tax pledge, and the benefit cuts mainly affect current retirees-a big part of what remains of the Republican base.