General Discussion
In reply to the discussion: Criticize the President? We should not even be having serious conversations about this. [View all]Melinda
(5,465 posts)"The sky is not falling with a cpi adjustment". The sky is not falling for YOU. Thought that was clear enough. People tend to fall on one of two sides in re this issue - those who have, and those who have not. Those who have clearly take the side you espouse, hence my response to your statement.
If you want to fight the greedy and feed the needy, campaign to raise the SS cap, and not chain SS to CPI.
Chain CPI to SS benefits and those struggling to hold their heads above water now will slide down to the federal poverty level - or very close to it. Facts don't lie. Living at, below, or near poverty is not an economic level anyone should wish to aspire to. Fed poverty level for one person is $948 per month. You actually think those who receive benefits above that level can afford to lose benefits because they aren't counted as being in poverty? Someone receiving $1100 per month (my sister) which is above poverty level, should have her benefits tied to the CPI? How will this help her to pay for the medications she now can't afford when she's ABOVE the fed poverty level?
http://www.ocpp.org/poverty/2013-poverty-guidelines/
Some fun facts:
Think these figures will change if SS becomes tied to CPI? This is how important SS is to seniors:
http://www.ssa.gov/policy/docs/statcomps/income_pop55/2010/sect09.pdf
SS is not the cause of the deficit, SS is not insolvent, SS is not the problem. Trillions of dollars spent on wars with no end... and the budget is going to be balanced with austerity and chained CPI? The mind boggles how easily duped Americans can be. HAGD, thanks for the chat, I am off to enjoy the lovely Ca weather away from this keyboard.