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Wed Dec 19, 2012, 11:44 AM

Senator Harkin explains Chained CPI



He is very clear about the fact that as seniors make difficult choices about what to buy, the chained CPI will reflect it. If you buy something cheaper because you can't afford what you really want, the plan will use that as a factor in lowering the Cost of Living raise. Trade-offs.

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Reply Senator Harkin explains Chained CPI (Original post)
madfloridian Dec 2012 OP
Ed Suspicious Dec 2012 #1
dennis4868 Dec 2012 #2
madfloridian Dec 2012 #3

Response to madfloridian (Original post)

Wed Dec 19, 2012, 12:35 PM

1. A race to the bottom with yourself. Fuck this. This is seriously bad policy for

people who live month to month relying solely on Social Security for income.

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Response to madfloridian (Original post)

Wed Dec 19, 2012, 02:35 PM

2. As the WH...

said, people who are not well off (i.e., live month to month) there will be a special exemption that the changes will not apply to them. Nobody here cares to want to "remember" this point.

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Response to dennis4868 (Reply #2)

Wed Dec 19, 2012, 04:07 PM

3. That is really no way to defend screwing the rest of us.

That is excusing harming those of us who are more in the middle economically. It's good not to hurt the poor...but who will get to define it?

That argument scares me. What have we become to defend Social Security cuts that way?

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