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In reply to the discussion: Am I wrong that Obama's chained CPI proposal exempts the bottom 20% of seniors? [View all]randome
(34,845 posts)3. I didn't think it was that specific but I could be wrong.
And IF anything like this got off the ground -which it likely won't- I would bet there would be something like you just described as part of it.
However, the current COLA adjustments don't take into account health care costs as much as they should. It's possible, I suppose, that using chained CPI might INCREASE many SS payments.
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Am I wrong that Obama's chained CPI proposal exempts the bottom 20% of seniors? [View all]
Recursion
Apr 2013
OP
It's possible that Chained CPI, combined with the 'donut hole' of prescription coverage...
randome
Apr 2013
#78
What we don't need are Democrats selling out on SS. SS had zero to do with the deficit
sabrina 1
Apr 2013
#135
Let's factor that in. Under Obama the Medicare drug donut hole is being eliminated, he has expanded
Hoyt
Apr 2013
#41
So, chained CPI is a good thing? A plan that's supported by the Club for Growth?
myrna minx
Apr 2013
#52
So you are saying there is no problem with Elderly folks going hungry in this country?
n2doc
Apr 2013
#12
Inflation is measured by weighing a mixed "market basket" of typical expenditures
Tom Rinaldo
Apr 2013
#40
Right, but the point of a chained CPI is to *actually measure* what people spend
Recursion
Apr 2013
#58
It understates the inflationary impact of rising health care costs for seniors.
Tom Rinaldo
Apr 2013
#99
I think benefits should be increased. But SS was never intended to be a pension.
randome
Apr 2013
#21
Read this very thread. The narrative is now changing. Now chained CPI is evolving into a good thing.
myrna minx
Apr 2013
#77
It COULD be a good thing when combined with the 'donut hole' of prescription coverage.
randome
Apr 2013
#82
Yes, SS is difficult to retire on by itself, and wasn't designed to be a sole income
Recursion
Apr 2013
#22
And people did not plan on stagnant wages, skyrocketing health care costs,
PA Democrat
Apr 2013
#109
You keep typing that all over DU without any supporting facts and without details.
Bluenorthwest
Apr 2013
#42
Then if it's such a great proposal, one that's supported by the Club for Growth, then why
myrna minx
Apr 2013
#46
Wow. I just don't know what to say. I can't believe some Dems are just willing
myrna minx
Apr 2013
#103
That is pretty misleading. No one will be lifted above the poverty line by Chained CPI
Tom Rinaldo
Apr 2013
#48
What did SS have to do with the deficit? Why would a Democrat perpetuate the
sabrina 1
Apr 2013
#137
You nailed it Tom, and there is a good reason all of these defenses of the cuts
Bluenorthwest
Apr 2013
#45
I certainly did not agree with n2doc. I thought that post was silly and derailing (nt)
Recursion
Apr 2013
#106
It's ever so progressive to cut SS for all but the poor while not raising the taxes of the rich.
Tierra_y_Libertad
Apr 2013
#56
Why the "deal"? Considering there a multitude of other ways to find the money.
Tierra_y_Libertad
Apr 2013
#66
At what point in the film did Sophie offer a proposal to kill one of the kids?
Bluenorthwest
Apr 2013
#79
We have raised taxes on the top 3%, and this is part of a proposal to raise them more
Recursion
Apr 2013
#89
Yes, but most retirees I know are in small rural towns in the South or in my neighborhood in DC
Recursion
Apr 2013
#131
It will turn the "middle and higher" into the most vulnerable. Stop with the BS
madfloridian
Apr 2013
#136