Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
Showing Original Post only (View all)Here's what 12 years of chained-CPI would have done to a typical SS benefit. (Graph included.) [View all]
It would have resulted in a $50-per-month cut. Or about $600 per year. That's bad enough, but as you can see from the graph, it's something that starts off slowly and gets worse over time. And worse. Much worse. By 2032, the gap would have been over $200 per month, or $2,500 per year. That's a *lot* of money. And this is why the 1%-ers want to ram it through so badly. Let's nix this LIE they are calling "chained-CPI" before it takes hold.
InfoView thread info, including edit history
TrashPut this thread in your Trash Can (My DU » Trash Can)
BookmarkAdd this thread to your Bookmarks (My DU » Bookmarks)
48 replies, 6900 views
ShareGet links to this post and/or share on social media
AlertAlert this post for a rule violation
PowersThere are no powers you can use on this post
EditCannot edit other people's posts
ReplyReply to this post
EditCannot edit other people's posts
Rec (55)
ReplyReply to this post
48 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
Here's what 12 years of chained-CPI would have done to a typical SS benefit. (Graph included.) [View all]
reformist2
Dec 2012
OP
How do "we" nix it if that's what Obama proposes it, Dems back him up, and the Repugs jump on it?
MotherPetrie
Dec 2012
#1
By 2032 the economy will look a lot different and we don't really know how.
kelliekat44
Dec 2012
#43
Too late to nix it. Obama put it on the table. It will not be taken back now.
RomneyLies
Dec 2012
#2
Yep. This is scary stuff. Imagine a senior trying to live on $800 a month today.
reformist2
Dec 2012
#13
My wife is a retired RN who has been at times a Home Health nurse and a Hospice nurse.
Mr.Bill
Dec 2012
#16
You got a pay cut the day you your boss said all the dollars YOU earn belong to him or her.
jtuck004
Dec 2012
#37
Anyone who says that they support the President for doing this, because the President is a
truedelphi
Dec 2012
#24
The whole idea is bogus - it's supposed to be a consumer price index, not a survivor price index.
reformist2
Dec 2012
#35
We are already being screwed. The inflation factor they are talking about doesn't include food or
jtuck004
Dec 2012
#38