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So since the two sides can't agree on what government spending to cut and/or what taxes to raise they decided to go straight for the jugular of the american tax paying citizens. what happened to by the people for the people?
blupit11 4 months ago
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The premise being a Chained-CPI is that if the price of steak goes up, the recipient will buy chicken instead, so adjust the COLA based on chicken, not steak.
The flaw in this ridiculous scam is that expenses for the average elderly/disabled isn't about steak or chicken, but medical bills and drugs (which are always skyrocketing) and transportation, and housing, which are also going thru the roof.
If anything, the COLA as it is is too low and should be raised, not lowered.
MiHiVidz 7 months ago
Actually, the CURRENT CPI understates the inflation in food and energy costs.
LongTomH 7 months ago
Changing the CPI is a ploy to let the govt pay less to social security recipients and other government programs. Changing the CPI shouldnt have anything to do with a budget plan
1dducks 7 months ago
Who could not agree with and like this video!
tabnjoe1 7 months ago
Well done! BTW, they pulled this trick back in the Clinton Administration, and took some $1Trillion out of SS and Food Stamps over 10 years, google search for
FUZZY NUMBERS Inflation
take care, and keep up the good work!
bleupeony2 7 months ago
6 banks control 60 percent of GDP of the US in 2011
LivingHistorySchool 7 months ago
Thank you.
ShadowCrashed81 7 months ago