It didn’t take long for Barack
Obama to revert to character – the waffling, bargain-with-himself,
give-in-to-Republicans, screw-his-own-base equivocator that he was during his
first term.
The irony is, hanging tough with
Republicans had started to work. They were in a panic. They agreed to at least
some revenue enhancements. They were freaked out. They were caving in.
Whereupon the President said, in
effect, “nevermind.”
"Chainsaw Barack" takes
an axe to Social Security.
Take Social Security. The
president has agreed to take a chainsaw to the incomes of older Americans by
offering to give the Republicans something called “Chained CPI.” You can find
an explanation for it here, if you want it.
But what it boils down to is, it
reduces the maximum Social Security by a small percentage one year, and then
reduces that percentage by a small percentage the next year, and so on. All the
while, medical costs will keep rising. So in the end, maximum benefits will be
half of what they are today, and the very first to suffer will be the oldest
and weakest of Social Security recipients.
But that will free up money to
hand over to the very-well-off in the form of fewer tax cuts. Money that has already been earmarked for Social Security.
Shame on you, Mr. Obama. Shame!
They're shooting little kids in school?
Hey, let's form a committee!
Then there’s the matter of gun
control. The nation is ready to rise up and slap significant controls tomorrow morning on an industry that
makes a buck by selling rapid fire assault weapons that are used in this
country mainly to murder people on colleger campuses, movie theaters, shopping
malls, and kindergarten classes.
And what has the President
proposed?
He has organized a “panel” to
study the matter and make proposals for him to consider. In other words, he has
formed a committee, the classic ploy of politicians who want to run out the
clock.
He’s asked for “proposals” by
January. But by January, the worst of the shock will be over. The movement to
take assault weapons off the streets will have lost some of its momentum. And
the Republican supporters of the NRA will have likely gotten their watered down
budget and tax bill that will slowly strangle seniors to make live cushier for
people who make up to $999,999.99 a year.
Double shame, Mr. Obama. Double
shame!
Oh, and while I've got your attention, you might want to read this letter I received from Firedog Lake and act accordingly:
Call the House and Senate: "Cut Benefits and I won't support you"
Can you please call your representatives in the House and Senate and let them know Chained-CPIU is unacceptable and that you have pledged not to support anyone who facilitates cuts to Social Security, Medicare, or Meicaid benefits?
Oh, and while I've got your attention, you might want to read this letter I received from Firedog Lake and act accordingly:
Call the House and Senate: "Cut Benefits and I won't support you"
Dear Crank,
President Obama and Speaker Boehner may be close to reaching a deal to avert the "fiscal cliff" - and the details are not good.
The president is reportedly willing to cut Social Security benefits for current and future retirees by reducing the cost of living adjustment (COLA) and make $400 billion in unspecified cuts to Medicare in exchange for a modest increase in tax rates on the wealthy, $50 billion in infrastructure spending and an extension of unemployment benefits.1
Calculating COLA payments with a "Chained-CPI" would essentially reduce seniors income over time as their medical costs skyrocket.2We must let our elected officials know that even benefit cuts hidden behind statistical manipulations like the Chained-CPI are unacceptable and that we will not support anyone who facilitates cuts to Social Security, Medicare of Medicaid.
Predictably, Democratic leaders like Nancy Pelosi have already started falling in line behind this awful proposal.3 But recent polls indicate 60% of Americans oppose the Chained-CPI benefit cut, and even the AARP has come out strongly against it.4
That's because most people understand that, at a time when 15.1% of seniors are living in poverty, cutting Social Security benefits — which represent the primary source of income for many retirees — would only increase their suffering. If anything, our nation's strongest anti-poverty program needs to be expanded, not contracted. The reality is that seniors have a larger share of income devoted to medical expenses, and therefore are subject to higher rates of inflation than the general population.5
By using a chained CPI, Social Security benefits will become increasingly insufficient as an individual ages6 — forcing severe austerity upon retirees as 401ks, pensions and home equity continue to dry up.Using this method is both cruel and manipulative and does little to strengthen Social Security or address the so-called deficit crisis.
Obama and Boehner need to hear our opposition to this now while they are still negotiating the bargain, and our representatives in the House and Senate must know that if they vote for any plan that include benefit cuts they will forfeit our support.
Call your representative in the House and Senate and let them know you have pledged not to support anyone who facilitates cuts to Social Security, Medicare, or Medicaid benefits.
Thanks for your support.
In solidarity,
Brian Sonenstein
Campaign Director,
Firedoglake.com
Campaign Director,
Firedoglake.com
Sources:
1. Obama’s Latest Fiscal Slope Offer: I’m Missing the Part Where Republicans Give Up Something, David Dayen, FDL News, 12/18/12.
2. Obama Considering Chained CPI Deal, and Why That’s a Bad Idea , Dean Baker, MyFDL, 12/17/12.
3. Though Liberals Carp at Chained CPI, Pelosi Says She Could Live With It, David Dayen, FDL News, 12/18/12.
4. Americans Overwhelmingly Oppose Obama’s Plan to Cut Social Security, Jon Walker, FDL Action, 12/18/12.
5. More on Chained CPI, the Benefit Cut for Social Security on the Table in Fiscal Slope Discussions, David Dayen, FDL News, 12/18/12.
6. Annual Cut in Social Security Benefits, Chief Actuary, Social Security Administration, June 2011.
1. Obama’s Latest Fiscal Slope Offer: I’m Missing the Part Where Republicans Give Up Something, David Dayen, FDL News, 12/18/12.
2. Obama Considering Chained CPI Deal, and Why That’s a Bad Idea , Dean Baker, MyFDL, 12/17/12.
3. Though Liberals Carp at Chained CPI, Pelosi Says She Could Live With It, David Dayen, FDL News, 12/18/12.
4. Americans Overwhelmingly Oppose Obama’s Plan to Cut Social Security, Jon Walker, FDL Action, 12/18/12.
5. More on Chained CPI, the Benefit Cut for Social Security on the Table in Fiscal Slope Discussions, David Dayen, FDL News, 12/18/12.
6. Annual Cut in Social Security Benefits, Chief Actuary, Social Security Administration, June 2011.
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