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In reply to the discussion: MoveOn Calls Obama’s Proposed Social Security Cuts ‘Unconscionable’ [View all]George II
(67,782 posts)96. Sure...here are the sources of my information:
http://www.usinflationcalculator.com/inflation/consumer-price-index-and-annual-percent-changes-from-1913-to-2008/
http://www.ssa.gov/cola/automatic-cola.htm
For the SSA COLA, I moved the % up one year - it goes into effect in January based on the previous year, but up until 1982 the COLA was applied in July, not January. I'm sure people will shoot holes in these numbers, but the bottom line is that there isn't much of a difference between the two numbers over almost four decades, so all this panic about Obama "selling out" is, as our Vice President would say, "Malarkey"!!
The first column is the SSA COLA, the second column is the CPI. So, in 2012 (January 2013) the COLA was only 1.7% whereas the CPI was 2.1%, higher. Excuse my amateurish formatted table, but the data is there.
SSA CPI
July 1975 -- 8.0% 9.1% CPI higher
July 1976 -- 6.4% 5.8%
July 1977 -- 5.9% 6.5% CPI higher
July 1978 -- 6.5% 7.6% CPI higher
July 1979 -- 9.9% 11.3% CPI higher
July 1980 -- 14.3% 13.5%
July 1981 -- 11.2% 10.3%
July 1982 -- 7.4% 6.2%
January 1984 -- 3.5% 3.2%
January 1985 -- 3.5% 4.3% CPI higher
January 1986 -- 3.1% 3.6% CPI higher
January 1987 -- 1.3% 1.9% CPI higher
January 1988 -- 4.2% 3.6%
January 1989 -- 4.0% 4.1% CPI higher
January 1990 -- 4.7% 4.8% CPI higher
January 1991 -- 5.4% 5.4%
January 1992 -- 3.7% 4.2% CPI higher
January 1993 -- 3.0% 3.0%
January 1994 -- 2.6% 3.0% CPI higher
January 1995 -- 2.8% 2.6%
January 1996 -- 2.6% 2.8% CPI higher
January 1997 -- 2.9% 3.0% CPI higher
January 1998 -- 2.1% 2.3% CPI higher
January 1999 -- 1.3% 1.6% CPI higher
January 2000 -- 2.5%(1) 2.2%
January 2001 -- 3.5% 3.4%
January 2002 -- 2.6% 2.8% CPI higher
January 2003 -- 1.4% 1.6% CPI higher
January 2004 -- 2.1% 2.3% CPI higher
January 2005 -- 2.7% 2.7%
January 2006 -- 4.1% 3.4%
January 2007 -- 3.3% 3.2%
January 2008 -- 2.3% 2.8% CPI higher
January 2009 -- 5.8% 3.8%
January 2010 -- 0.0% -0.4%
January 2011 -- 0.0% 1.6% CPI higher
January 2012 -- 3.6% 3.2%
January 2013 -- 1.7% 2.1% CPI higher
http://www.ssa.gov/cola/automatic-cola.htm
For the SSA COLA, I moved the % up one year - it goes into effect in January based on the previous year, but up until 1982 the COLA was applied in July, not January. I'm sure people will shoot holes in these numbers, but the bottom line is that there isn't much of a difference between the two numbers over almost four decades, so all this panic about Obama "selling out" is, as our Vice President would say, "Malarkey"!!
The first column is the SSA COLA, the second column is the CPI. So, in 2012 (January 2013) the COLA was only 1.7% whereas the CPI was 2.1%, higher. Excuse my amateurish formatted table, but the data is there.
SSA CPI
July 1975 -- 8.0% 9.1% CPI higher
July 1976 -- 6.4% 5.8%
July 1977 -- 5.9% 6.5% CPI higher
July 1978 -- 6.5% 7.6% CPI higher
July 1979 -- 9.9% 11.3% CPI higher
July 1980 -- 14.3% 13.5%
July 1981 -- 11.2% 10.3%
July 1982 -- 7.4% 6.2%
January 1984 -- 3.5% 3.2%
January 1985 -- 3.5% 4.3% CPI higher
January 1986 -- 3.1% 3.6% CPI higher
January 1987 -- 1.3% 1.9% CPI higher
January 1988 -- 4.2% 3.6%
January 1989 -- 4.0% 4.1% CPI higher
January 1990 -- 4.7% 4.8% CPI higher
January 1991 -- 5.4% 5.4%
January 1992 -- 3.7% 4.2% CPI higher
January 1993 -- 3.0% 3.0%
January 1994 -- 2.6% 3.0% CPI higher
January 1995 -- 2.8% 2.6%
January 1996 -- 2.6% 2.8% CPI higher
January 1997 -- 2.9% 3.0% CPI higher
January 1998 -- 2.1% 2.3% CPI higher
January 1999 -- 1.3% 1.6% CPI higher
January 2000 -- 2.5%(1) 2.2%
January 2001 -- 3.5% 3.4%
January 2002 -- 2.6% 2.8% CPI higher
January 2003 -- 1.4% 1.6% CPI higher
January 2004 -- 2.1% 2.3% CPI higher
January 2005 -- 2.7% 2.7%
January 2006 -- 4.1% 3.4%
January 2007 -- 3.3% 3.2%
January 2008 -- 2.3% 2.8% CPI higher
January 2009 -- 5.8% 3.8%
January 2010 -- 0.0% -0.4%
January 2011 -- 0.0% 1.6% CPI higher
January 2012 -- 3.6% 3.2%
January 2013 -- 1.7% 2.1% CPI higher
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MoveOn Calls Obama’s Proposed Social Security Cuts ‘Unconscionable’ [View all]
Hissyspit
Apr 2013
OP
The Pres said he wanted us to hold his feet to the fire. Millions of us DONT WANT SS AND MEDICARECUT
rhett o rick
Apr 2013
#3
Ok, show me the cuts. Show me one SS payment that will be less than it is now. nt
kelliekat44
Apr 2013
#58
Adapting another's post, show us the slash. Put the numbers out that show it's a cut and not
24601
Apr 2013
#97
It makes a difference only if you value truth and credibility. I'm a civil servant and President
24601
Apr 2013
#104
You never read onyx before have you, chill out man, he gets it and is ridiculing the cultists
Dragonfli
Apr 2013
#80
As a matter of fact, for 2012 the chained CPI would have yielded a HIGHER increase!! Surprise!!
George II
Apr 2013
#117
And with the help of the media they will make millions bellieve that SS is being cut.
kelliekat44
Apr 2013
#56
That is false.....people should do some research before they panic and start bashing...
George II
Apr 2013
#89
The proposal means that cost-of-living increases will be set so that they do not keep
amandabeech
Apr 2013
#106
If you weren't so busy insulting people here you would have seen that I posted REAL facts....
George II
Apr 2013
#112
Chained CPI means that the cost of living increases will be less than inflation
amandabeech
Apr 2013
#107
The current method of calculating the COLA results in increases less than inflation too....
George II
Apr 2013
#113
That tact is so old. Don't like what's said ...then attack the messenger. Pffft. n/t
L0oniX
Apr 2013
#31
+1. And you have to wonder how many of those "8 million members" are active. Why didn't they......
Tarheel_Dem
Apr 2013
#37
How dare they speak negatively about an Obama move? Under the bus with them.
Jakes Progress
Apr 2013
#9
Why? Because he is a soft sell shill for the ruling elite. He must be pushed.
grahamhgreen
Apr 2013
#34
So the GOP stands for not cutting SS and Obama does. Yea that worked out great. n/t
L0oniX
Apr 2013
#29
All caps is what they do over at freerepukeness ...and spell check is your friend. n/t
L0oniX
Apr 2013
#44
I've been trying to tell people that no matter what Obama proposes, it will be rejected
alfredo
Apr 2013
#26
Chris Matthews just opened today's Hardball by lauding Obama's "courage" in proposing SS cuts.
whathehell
Apr 2013
#69