Sunday, December 30, 2012

Whiplash!!! Or Why I Have Not Commented on the Chained CPI Social Security Scam.

First of all, a short primer: 

The Chained CPI, or the Chained Consumer Price Index, is an alternative way to implement a Cost of Living Adjustment for Social Security. It is essentially a CUT in benefits, when measuring benefits against inflation and the cost of living. The long winded explanation of what a Chained CPI is, can be found here.

In short, it's a very, very bad idea for America.

But I haven't commented on this enormously important issue because, frankly, it's hard to tell where Chess Grandmaster Barack Obama and the Democrats have stood on this. The GOP, of course, wants to get rid of Social Security, and they'll settle for deep cuts. But Obama has been all over the board on this issue. First Dem US Senator Harry Reid says he is against it, now Obama says he offered it as a compromise to avoid the Fiscal Cliff, then it's off the table completely. What?

If you're as confused as me as to where the wind is blowing here, then now you know why I've refrained from screaming bloody murder at the Democrats for caving on this, and also from saying the Chained CPI is dead, dead, dead.

I don't know WTF is going on with these people...

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