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Reply #42


Response to ProSense (Original post)

Mon Dec 17, 2012, 09:04 PM

42. I know I will get s**it for this, but I think the deal sounds


pretty good, considering (and I'm assuming it works out like this).

-No increase in Medicare age
-Significantly increased taxes on wealthy
-Significant defense cuts
-Extension of unemployment benefits
-Stimulus to improve economy
-No cuts in SS benefits other than some slow cuts that might occur through a chained CPI (and it ain't a slash, and it can be changed later) that might impact those at higher end of SS, not those at lower end.

I'm sorry, if I have read this correctly and things actually shake out this way, I'll take a slow cut through chained CPI and try to work an extra 5 hours a year in a booming economy to make up for what I just can't adjust to otherwise. Truthfully, with some of the changes in the ACA related to Medicare, the impact of an improving economy, etc., I don't think I'll need to work that 5 hours a year, but if it's necessary I will drag my tired old ass up and do it so that others who are a lot worse than me don't have to.

If this "deal" will protect seniors at lower end, improve economy for younger people who are also suffering, help the unemployed who are also suffering, begin readjusting our economy away from defense spending and war, I'm heaping praise on Obama.

I know it's not a done deal and the chained CPI is just an appeasement to the greedy, callous Republicans, but even Krugman says: "The point is that we shouldnít be doing benefit cuts at all; but if benefit cuts are the price of a deal that is better than no deal, much better that they involve the CPI adjustment than the retirement age."

What have I read wrong in article, or are we just supposed to gripe no matter what?

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