General Discussion
In reply to the discussion: President Obama isn't just destroying the Democratic Party and the country, [View all]JDPriestly
(57,936 posts)really agree with what Obama does on a particular issue, but when someone agrees with every single thing Obama does -- even the obvious mistakes -- even the things that will cause enormous injustice and pain -- then one really wonders why. Especially if the DUer with this endlessly, never failing positive view is clearly quite intelligent.
Same is true of those who disapprove of everything Obama does. Again, one wonders why.
My point about chained CPI, my point that it is a terrible mistake, that a line has been crossed that should not have been crossed, is a valid one based on my experience during my not-so-short life and my analysis of our economic situation.
If our economy improves in the fairly near future, and I hope it does and think it very well may, seniors will be left behind. Lower middle class seniors will suffer the most from the inflation. And those are the people who receive enough from Social Security that they will not receive relief under what is purported to be Obama's plan, but who do not have enough personal savings or assets to get them through an inflationary phase.
Clinton crossed the line when he started welfare-to-work and signed the bill ending Glass-Steagall. That he did many good things will never make up for the fact that his signing that bill regarding Glass-Steagall set the stage for the 2008 crash. Thanks to Clinton's changes to welfare rules, a lot of people have had a much tougher time and are homeless during this economic downturn.
Even Clinton has acknowledged that repealing Glass-Steagall was a terrible mistake.
Failing to stand up for Social Security will erase some of the good, a lot of the good that Obama did with the ACA. It's a crying shame. He began this second term with a record that, as you point out, made him quite outstanding. But this budget proposal has wiped it out. So sad.
What is done is done. Obama is young and will live to rue the day he allowed himself to be persuaded to propose the chained CPI.