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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhite House: changing inflation calculation a 'technical change'
http://uk.reuters.com/article/2012/12/18/usa-fiscal-inflation-idUKL1E8NI9IZ20121218White House: changing inflation calculation a 'technical change'
Dec 18 (Reuters) - The White House said on Tuesday that a proposal to change inflation adjustments to Social Security benefits would affect other government programs that use the government's Consumer Price Index as an inflation gauge.
The proposal was part of an effort by President Barack Obama to compromise on deficit reduction issues in the ongoing "fiscal cliff" talks, spokesman Jay Carney told reporters.
But he characterized the change, requested by Republicans, as "technical," and said a clause in Obama's fiscal cliff plan would protect the elderly and other vulnerable groups from harsh adjustments to Social Security benefit payments.
DJ13
(23,671 posts)Fumesucker
(45,851 posts)woo me with science
(32,139 posts)when they are forced to eat cat food and live on the street.
leftstreet
(36,116 posts)woo me with science
(32,139 posts)leftstreet
(36,116 posts)I forget it's acceptable now in the DLCThirdWay Party to throw seniors and the disabled under the bus
woo me with science
(32,139 posts)The list of outrages considered acceptable under corporate rule keeps growing, doesn't it.
bvar22
(39,909 posts)President Obama is the most "Progressive" President EVER!
I know, because I read it right here on DU.
[font color=firebrick][center]"There are forces within the Democratic Party who want us to sound like kinder, gentler Republicans.
I want a party that will STAND UP for Working Americans."
---Paul Wellstone [/font][/center]
[center][/font]
[font size=1]photo by bvar22
Shortly before Sen Wellstone was killed[/center][/font]
You will know them by their WORKS,
not by their rhetoric, promises, or excuses.
[font size=5 color=green]Solidarity99![/font][font size=2 color=green]
33Greeper
(188 posts)Panasonic
(2,921 posts)in.
Otherwise Chained COLA is a fuck NO unless it comes with the adjusted RL 30 year corrected inflation.
Blaukraut
(5,695 posts)So changing inflation adjustments to SS benefits will not affect SS benefits?? What other government programs, and who else but the elderly and vulnerable collect SS benefits?
Frustratedlady
(16,254 posts)Or are they agreeing on point by point?
It seems to me that they are just throwing stuff against the wall to see if the other will react.
I can't imagine Obama would go against a huge majority of people who do NOT want him messing with SS, Medicare and Medicaid.
Do they still have a ceiling on what salary an employee reaches when the SS deduction is no longer deducted? It's been so many years since I worked, I've lost track. If there is a cut-off, raise it.
Is there a cut-off by wage rate for benefits after retirement? If so, lower it. Millionaires don't need SS nor Medicare, for that matter.
My other comment is that they should not be hitting the SS ping-pong ball like this, as it scares the elderly that are living on the bare minimum as it is. They will lose their faith in all government if they take what little money they get away from them.
Once the Repugs win on SS, they'll keep eroding it until it's gone.
Auntie Bush
(17,528 posts)It's an outrage! How do we fight this? Obama said he wouldn't touch SS...this is a broken promise!
SS isn't keeping up with inflation as it is...how can he cut it more by this devious method?
I can't keep up with the raising cost of oil, gas & food and everything under the sun. How will we live on the future lesser rates?
Frustratedlady
(16,254 posts)Obama is pretty smart and Boehner can't stay ahead of him. He tends to wave the carrot in front of their nose and then traps them, so I'm going to wait it out and see how it all filters down.
It may even be a trade-off for something better. Keep the faith. This is just a ping-pong game between the two...I think.
woo me with science
(32,139 posts)A malignant game by corporatists:
This is not *only* about Social Security
http://www.democraticunderground.com/?com=view_post&forum=1002&pid=2020314
MisterP
(23,730 posts)of his supporters? on what grounds does this confidence rest?
Frustratedlady
(16,254 posts)I also know he isn't going to do everything the way I think it should be done. I feel that he looks at and weighs the whole picture on these issues that people are screaming about, with the hope that in the end, things will come out better than we expected.
There has to be give and take in this stupid game of politics and I, like the rest of you, cheer him on when he stands his ground and says NO! But, he can't do that all the time or it loses its affect.
I think we have to state our opinion/sign petitions and write letters/emails. Beyond that, we can only trust that he will do what he feels is best. We don't have the horrible load he carries every day NOR the obstruction he has had to live with for the last 4 years. Until I walk in his shoes, I can't be that critical.
We criticize him for what he does wrong...how many times do we thank him for doing something right?
JMVO
ProSense
(116,464 posts)"The proposal was part of an effort by President Barack Obama to compromise on deficit reduction issues in the ongoing "fiscal cliff" talks, spokesman Jay Carney told reporters. "
...to push this nonsense. I mean, the reports are that this was rejected, including by Democrats
WH Spokesman Carney: Chained CPI "Something Republicans Wanted"
http://www.democraticunderground.com/10022021289
Dick Durbin: No cut in Social Security benefits
http://www.democraticunderground.com/10022020805
woo me with science
(32,139 posts)He tries to appear as an advocate for the vulnerable by saying that its use should be exempted for Social Security benefits, but he wants to let this scam take hold in our government and affect other vulnerable groups: http://www.democraticunderground.com/10022020805#post7
A chained CPI affects many other programs and vulnerable groups apart from Social Security recipients. By advocating its use at all, Durbin is saying,
Fuck the disabled. Fuck veterans. Fuck federal retirees.
What a disgusting charade from self-described "Democrats."
ProSense
(116,464 posts)Sell the drivel to someone else.
woo me with science
(32,139 posts)http://www.democraticunderground.com/10022020805#post7
In other words, bring on the chained CPI for other programs, and enable the fucking of the disabled, veterans, and federal retirees.
Luminous Animal
(27,310 posts)http://www.cepr.net/index.php/press-releases/press-releases/chained-cpi-cuts-social-security-benefits-while-raising-taxes-on-the-middle-class
woo me with science
(32,139 posts)We are being sold out. There is only one party now, the corporate party.
This is not *only* about Social Security.
http://www.democraticunderground.com/?com=view_post&forum=1002&pid=2020314
PETRUS
(3,678 posts)jsr
(7,712 posts)Hydra
(14,459 posts)Funny, I remember Peace Prize winner Kissenger talking about how starving people is an efficient way of mass killing.
Economics really ARE magic!
In Truth We Trust
(3,117 posts)Fearless
(18,421 posts)HiPointDem
(20,729 posts)JHB
(37,162 posts)How does that "technical" change stack up, 10, 20 years down the line? Just because the people it will affect then are not a "vulnerable group" now doesn't mean they won't be once they get old enough to receive SS and Medicare benefits.
Paulie
(8,462 posts)And rent is going up by $20. Paid into SS for 25 working years and keeps going backwards.
Lugnut
(9,791 posts)That reflects the Medicare premium going up $5 to $105 per month. My Medicare supplemental insurance is going up $41. Phooey.
a kennedy
(29,710 posts)We'll NEVER get ahead....
MotherPetrie
(3,145 posts)woo me with science
(32,139 posts)This is not just about Social Security. Not by a long shot.
http://www.democraticunderground.com/?com=view_post&forum=1002&pid=2020314