General Discussion
In reply to the discussion: So, just how much money are those lazy seniors getting from their Social Security? [View all]JDPriestly
(57,936 posts)This chained CPI and raising the benefits of the poorest is really a transfer of costs now paid out of the general fund and grabbing the money to cover those costs out of the Social Security Trust Fund.
It is the sneakiest thing yet. I am really ashamed of Obama for allowing people to put his name on the chained CPI. I doubt that he has thought it through. I doubt that he ever asked the really important questions about how precisely it would function. You have to think in details and you have to think very logically to figure it out. Obama is good just wonderful at a lot of things, but like most leaders, he does not think about the details. He is capable of thinking logically, but he did not apply himself here.
And yes, it isn't just dental care which is extremely expensive now, but also eyeglasses and examinations and hearing aids that are not covered by Medicare.