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EarlG

(21,935 posts)
Thu Dec 20, 2012, 01:35 PM Dec 2012

Pic Of The Moment: Chained CPI? No Thanks. The Older You Get, The Less You Get




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Pic Of The Moment: Chained CPI? No Thanks. The Older You Get, The Less You Get (Original Post) EarlG Dec 2012 OP
K and R #1. n/t NRaleighLiberal Dec 2012 #1
Earl. Thank you and may your holidays be Autumn Dec 2012 #2
thanks dude. For a minute I was scared DU was going to "officially" come down on the side of cutting limpyhobbler Dec 2012 #3
K & R !!! - THANK YOU !!! WillyT Dec 2012 #4
Don't even pretend to go there. It's dead anyway I hope. santamargarita Dec 2012 #5
K & R! FlyByNight Dec 2012 #6
Well gosh, they eat less, right? (sarcasm) n/t libdem4life Dec 2012 #7
So, this country does not respect babies, children, women or the elderly. dixiegrrrrl Dec 2012 #8
Death Panels anyone? louis-t Dec 2012 #9
How chained-CPI works. Stonepounder Dec 2012 #10
Thank you. Lone_Star_Dem Dec 2012 #11
Cat food for the white house 4 more years Dec 2012 #12
Pay for Bush's wars by starving the elderly! NOT gonna happen. Coyotl Dec 2012 #13
What is the logic in this? riverbendviewgal Dec 2012 #14
How to begin turning Social Security in a Progressive Poverty Program. Kip Humphrey Dec 2012 #15
Thank you! nt abelenkpe Dec 2012 #16
Killing 'em softly...plus, the CPI doesn't reflect consumer needs as they age. nt MADem Dec 2012 #17
You're right, they should go to CPI-E Progressive dog Dec 2012 #18
A fair system would acknowledge a need for increased "health related" spending. MADem Dec 2012 #23
K&R nt NorthCarolina Dec 2012 #19
It's not a budget, it's a HINT! n/t radhika Dec 2012 #20
And a decrease in people's pocket books leads to less spending cui bono Dec 2012 #21
Thank you! Faryn Balyncd Dec 2012 #22

Autumn

(44,985 posts)
2. Earl. Thank you and may your holidays be
Thu Dec 20, 2012, 01:37 PM
Dec 2012

as blessed as we are for the gift of DU that you gave us.

Stonepounder

(4,033 posts)
10. How chained-CPI works.
Thu Dec 20, 2012, 03:01 PM
Dec 2012

So, the idea is that if the price of something goes up - like beef, instead of continuing to buy beef, seniors would switch to something cheaper - like chicken, so their actual cost of living doesn't actually go up. OK. So then when chicken goes up, we switch to, ummm, peanut butter. And when it goes up, we switch to cat food. And our cost of living still hasn't gone up. Yeah, I got it!

They don't call it the catfood commission for nothing.

4 more years

(100 posts)
12. Cat food for the white house
Thu Dec 20, 2012, 03:22 PM
Dec 2012

Who the hell said SS cola was on the table ? That's what you get when you re elect a bad poker player.

 

Coyotl

(15,262 posts)
13. Pay for Bush's wars by starving the elderly! NOT gonna happen.
Thu Dec 20, 2012, 03:24 PM
Dec 2012

The uproar is reaching record decimal levels, thankfully.

Progressive dog

(6,899 posts)
18. You're right, they should go to CPI-E
Thu Dec 20, 2012, 07:11 PM
Dec 2012

Won't this also lower the beginning benefit so that those at 45 will start at the decrease of those at 85 and so on?
Where is the fairness? A fair system would increase benefits to keep up with per capita income. Of course then the rich would have to be taxed at a fair rate.

MADem

(135,425 posts)
23. A fair system would acknowledge a need for increased "health related" spending.
Fri Dec 21, 2012, 12:05 PM
Dec 2012

I'm not just talking about doctors, I'm talking about the things that elderly people need that young people do not, from replacement rubber tips for canes/walkers to incontinence products, to lozenges to combat dry mouth, or eye drops for dry eye, etc. A lot of this stuff is part of the "grocery bill" and isn't prescribed, but the person still needs the stuff to have a reasonable quality of life.

I'm not sure what the mechanics proposed were; I just know that CPI is always bullshit. You've got to cut cloth according to the measure, and the measure of an elderly person is very different from the measure of an individual in middle age.

They used a similar system to determine allowances for military personnel, and the shit they would put in the "shopping cart" as stuff an "average family" would use was straight out of Leave It To Beaver. It had no relation to the way families--particularly military families which are sometimes single parent or dual income with childcare required--actually lived. Years ago I worked that issue and tried to shake some sense into the idiots on the ASCs....didn't meet with much success but I did try.

cui bono

(19,926 posts)
21. And a decrease in people's pocket books leads to less spending
Thu Dec 20, 2012, 09:23 PM
Dec 2012

which will weaken the economy.

It is absolutely insane to think of doing this while in a recession, or any time for that matter, especially when you are supposed to be a Dem.

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