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Enrique

(27,461 posts)
Thu Dec 20, 2012, 04:14 PM Dec 2012

Flashback: Obama/Biden need to rule out chained CPI

i tried kicking this thread but it doesn't seem to have worked

This OP needs to get credit for their foresight.

August 2012:

http://www.democraticunderground.com/10021133721

Obama/Biden need to rule out a chained CPI.

Biden promised today that there will be "no changes to Social Security."


A chained CPI does not directly change the Social Security PROGRAM. However, it is an indirect method of lowering projected benefits, and it does so even more viciously over time.

Democrats need to demand clarity. The administration proposed a chained CPI last April. Advocates of the chained CPI have often used a word game...denying that the chained CPI is a cut to SS....in order to defend this indirect assault on SS benefits. In fact, the new Democratic platform refers to cuts in safety nets as not the "only" way to address deficits, which is extremely worrisome language.

Democrats, and all Americans, need assurances that a chained CPI and any other direct OR indirect assault on SS benefits is OFF THE TABLE.


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