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Recursion

(56,582 posts)
107. OK, where does the cut-off kick in?
Fri Apr 12, 2013, 12:23 PM
Apr 2013

That's something I don't know; I have heard "the lowest 20%" but I have no idea if that's true, and whether it counts net worth or just income.

Clueless comment HERVEPA Apr 2013 #1
Absolutely clueless. timdog44 Apr 2013 #36
So...a one-word Presidential budget proposal, then? Something like 'Utopia'. randome Apr 2013 #39
And why should not a budget plan "proposal" timdog44 Apr 2013 #75
It's possible that Chained CPI, combined with the 'donut hole' of prescription coverage... randome Apr 2013 #78
It was probably a mistake because of the "outrage" it caused? Cal Carpenter Apr 2013 #86
It would also be a mistake if it reduces anyone's payments. randome Apr 2013 #92
This chained CPI will not make it out of congress. timdog44 Apr 2013 #121
By itself it could Recursion Apr 2013 #133
Read the AARP report on food insecurity among older Americans Recursion Apr 2013 #85
Agreed that food insecurity timdog44 Apr 2013 #120
What we don't need are Democrats selling out on SS. SS had zero to do with the deficit sabrina 1 Apr 2013 #135
At what income level would the chained CPI kick in? Do we know that? pnwmom Apr 2013 #146
That is part of the problem. timdog44 Apr 2013 #149
No need for apologies! None of us has enough information on this pnwmom Apr 2013 #150
Right. treestar Apr 2013 #2
Because of course if you aren't starving RIGHT NOW you deserve to! n2doc Apr 2013 #5
If you're starving RIGHT NOW you aren't above the 20th percentile of retirees Recursion Apr 2013 #7
What about the Right Now part don't you understand? n2doc Apr 2013 #8
Yes, if you're in the 25th percentile you're not starving RIGHT NOW Recursion Apr 2013 #9
How do we know if someone in the 25th percentile is starving or not. peace13 Apr 2013 #33
Let's factor that in. Under Obama the Medicare drug donut hole is being eliminated, he has expanded Hoyt Apr 2013 #41
Spot on. madokie Apr 2013 #49
So, chained CPI is a good thing? A plan that's supported by the Club for Growth? myrna minx Apr 2013 #52
Chained cpi is not going to happen madokie Apr 2013 #55
+1 ty. so hard sometimes... to be here. n/t Whisp Apr 2013 #70
Bankster IS a word PADemD Apr 2013 #112
People who are starving right now will see no change in their benefits treestar Apr 2013 #10
So you are saying there is no problem with Elderly folks going hungry in this country? n2doc Apr 2013 #12
Per AARP, the main problem is adults age 50-59 Recursion Apr 2013 #15
Rich is now being above the absurdly low poverty line? TheKentuckian Apr 2013 #165
Do you ever hear yourself speak? Oilwellian Apr 2013 #26
I could not even bother commenting on that riduclous statement Skittles Apr 2013 #155
"People who are starving right now...so they are not starving." progressoid Apr 2013 #53
So starving is our new baseline? myrna minx Apr 2013 #54
Ask n2doc; that's who brought it up upthread Recursion Apr 2013 #65
Hell hath no fury like a middle-class retiree... Recursion Apr 2013 #6
I didn't think it was that specific but I could be wrong. randome Apr 2013 #3
If many seniors move most of their expenses into health care, conceivably Recursion Apr 2013 #4
Right, it is merely a different method of calculating COLAs treestar Apr 2013 #11
Well stated. randome Apr 2013 #16
It is not more accurate and sure as hell isn't for Seniors Tom Rinaldo Apr 2013 #27
How does a chained CPI understate medical expenses? Recursion Apr 2013 #34
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
Any general CPI understates the inflation that the elderly see muriel_volestrangler Apr 2013 #98
It understates the inflationary impact of rising health care costs for seniors. Tom Rinaldo Apr 2013 #99
if the inflation index accurately portrayed real price inflation magical thyme Apr 2013 #31
SS provides majority of income for 2/3 of retirees PA Democrat Apr 2013 #13
More data before you pooh-pooh the impact: PA Democrat Apr 2013 #17
I think benefits should be increased. But SS was never intended to be a pension. randome Apr 2013 #21
Only about 20% of retirees use it as their *sole* income Recursion Apr 2013 #23
Interesting observation. randome Apr 2013 #25
Interesting load of codswollop, really. enlightenment Apr 2013 #114
Thank you for posting this info, kiva Apr 2013 #125
20% was the *lowest*, not highest, earners Recursion Apr 2013 #129
Nice try, but that's not what you said. enlightenment Apr 2013 #154
I remember hearing about pensions. Tom Rinaldo Apr 2013 #29
I think you can still find mention of them in history books. randome Apr 2013 #32
At a time of elimination of defined benefits pensions, and stagnant wages PA Democrat Apr 2013 #44
No. I doubt anyone on DU thinks it's a good idea. randome Apr 2013 #50
All over the map of course whatchamacallit Apr 2013 #68
Read this very thread. The narrative is now changing. Now chained CPI is evolving into a good thing. myrna minx Apr 2013 #77
I've seen one person say it's good Recursion Apr 2013 #80
It COULD be a good thing when combined with the 'donut hole' of prescription coverage. randome Apr 2013 #82
Yeah, pretty sickening, isn't it? PA Democrat Apr 2013 #90
Denial and then finally acceptance. Less is the new more. neverforget Apr 2013 #94
The original intent is irrelevant. HERVEPA Apr 2013 #61
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
We've had 30 + years of stagnent wages, our "investments" in the failed myrna minx Apr 2013 #113
The budget would pump money into job creation Life Long Dem Apr 2013 #119
I agree there's some great ideas in his budget, but you myrna minx Apr 2013 #122
The crisis will be coming within 30 years!!! Life Long Dem Apr 2013 #153
You are correct. sinkingfeeling Apr 2013 #14
The poorest Life Long Dem Apr 2013 #18
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
I don't think it's a bluff. I DO think it was a mistake. randome Apr 2013 #51
Because it IS a tax increase that is skewed to impact the middle class PA Democrat Apr 2013 #83
There are protections mentioned in the budget, too. randome Apr 2013 #96
I think this bill is about 4 months away Life Long Dem Apr 2013 #63
You're *for* chained CPI? This is a good proposal? myrna minx Apr 2013 #71
I'd like more from COLA Life Long Dem Apr 2013 #88
Wow. I just don't know what to say. I can't believe some Dems are just willing myrna minx Apr 2013 #103
Desperate people will grasp at straws Rex Apr 2013 #108
Jimmy Carter did the same thing in 1977 Life Long Dem Apr 2013 #110
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
This is the problem I have with the so called timdog44 Apr 2013 #141
The "poverty line" is just a bunch of irrelevant horseshit eridani Apr 2013 #161
2010 seniors fled democrats. aandegoons Apr 2013 #19
Voters 18-29 outnumbered voters 65+ in 2012 Recursion Apr 2013 #20
So we don't need 50+ folks. aandegoons Apr 2013 #64
Well, we're winning without them right now Recursion Apr 2013 #67
we are calling it close when we should be no where near the repukes. aandegoons Apr 2013 #74
Turnout among young voters plummets in non-presidential years jeff47 Apr 2013 #140
That was because Democrats flat out refused to defend traditional Medicare eridani Apr 2013 #162
It shouldn't be proposed, period. duffyduff Apr 2013 #24
Read the rest of this thread. randome Apr 2013 #30
It's not a cut in SS Life Long Dem Apr 2013 #38
Walk into any Casino jehop61 Apr 2013 #28
Oh yeah, Social Security is a gambling stake for greedy seniors Jersey Devil Apr 2013 #37
my point jehop61 Apr 2013 #57
Another Obama the grand chess master post Jersey Devil Apr 2013 #95
Sorry jehop61 Apr 2013 #115
And walk into any club or most concertss kiva Apr 2013 #132
oh dear jehop61 Apr 2013 #158
"if you're in the 25th percentile you're not starving RIGHT NOW" Tom Rinaldo Apr 2013 #35
It's your typical, Third Way propaganda Oilwellian Apr 2013 #43
You nailed it Tom, and there is a good reason all of these defenses of the cuts Bluenorthwest Apr 2013 #45
This new justification is fucking sick. The Link Apr 2013 #47
No, you're confusing me with n2doc Recursion Apr 2013 #59
No I'm not. You may not have said it first but you said it: Tom Rinaldo Apr 2013 #101
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
this thead is so depressing with all the fucking right wing memes cali Apr 2013 #60
Two issues Recursion Apr 2013 #62
Why the "deal"? Considering there a multitude of other ways to find the money. Tierra_y_Libertad Apr 2013 #66
Because it passes a budget Recursion Apr 2013 #69
Is there no other way to raise the money? Tierra_y_Libertad Apr 2013 #73
You've never heard of a Sophie's Choice? Recursion Apr 2013 #76
At what point in the film did Sophie offer a proposal to kill one of the kids? Bluenorthwest Apr 2013 #79
I know, right? whatchamacallit Apr 2013 #84
No kidding! This thread is surreal. myrna minx Apr 2013 #93
It certainly is absurd. Theater of Cruelty comes to mind. Bluenorthwest Apr 2013 #104
I was actually stunned by that comment. myrna minx Apr 2013 #111
DU is so strange lately, I believe I am seeing the scope of some peoples Rex Apr 2013 #116
Dumbest analogy ever. The Link Apr 2013 #97
+1000 PA Democrat Apr 2013 #147
What is the standard you are using for 'poor'? Bluenorthwest Apr 2013 #72
And it's ever so progressive to hit women harder than men Liberalynn Apr 2013 #81
We won't raise taxes on the top 3%... BlueCheese Apr 2013 #87
We have raised taxes on the top 3%, and this is part of a proposal to raise them more Recursion Apr 2013 #89
Sorry-- I meant top 3% as opposed to the top 1%. BlueCheese Apr 2013 #100
I think you'll be unpleasantly surprised by the answer!!! Yo_Mama Apr 2013 #91
Thanks for injecting some facts and figures. Bluenorthwest Apr 2013 #102
OK, where does the cut-off kick in? Recursion Apr 2013 #107
I haven't been able to get the details Yo_Mama Apr 2013 #118
The bottom third or so of seniors are dual-eligible Recursion Apr 2013 #126
But it doesn't save much money! Yo_Mama Apr 2013 #160
Thank you for posting this. (nt) NYC_SKP Apr 2013 #145
So in other words there is not a magic '20% protection' legal wording Rex Apr 2013 #152
Here's the text Yo_Mama Apr 2013 #159
Thank you! Rex Apr 2013 #163
Laughing Yo_Mama Apr 2013 #164
Yup, only 80% get screwed Progressive dog Apr 2013 #105
Totally. Utterly. Wrong. MannyGoldstein Apr 2013 #117
Your basis for that? Recursion Apr 2013 #127
Gotta link? MannyGoldstein Apr 2013 #139
very interesting. That is how I read it myself. graham4anything Apr 2013 #123
Are only the bottom 20% having trouble? gollygee Apr 2013 #124
Most retirees I know own their house, which is unimaginable to me Recursion Apr 2013 #128
Really? gollygee Apr 2013 #130
Yes, but most retirees I know are in small rural towns in the South or in my neighborhood in DC Recursion Apr 2013 #131
I doubt anywhere vaguely close to 80% of seniors own their own homes gollygee Apr 2013 #134
81% over 65 own their home Recursion Apr 2013 #143
I saw 81% listed in the census as home owners gollygee Apr 2013 #144
At that age many have reverse mortgages, which is kind of the point Recursion Apr 2013 #156
That number doesn't just include people with reverse mortgages gollygee Apr 2013 #157
Wow. It sounds like you begrudge them having a roof over their heads. PA Democrat Apr 2013 #148
It will turn the "middle and higher" into the most vulnerable. Stop with the BS madfloridian Apr 2013 #136
I don't buy it Recursion Apr 2013 #138
Democrats are making cuts from which they must protect the poorest. madfloridian Apr 2013 #142
yes n/t Enrique Apr 2013 #151
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