That's what it looks like regarding Social Security and Obama. He seems to be pushing the so-called "chained CPI" as the measure for cost-of-living increases in Social Security payments in the future. The idea of the chained CPI is that, in trying times, people will substitute cheaper goods and services when prices rise. Makes sense, doesn't it?
It does if you're not an old person whose payments for health care are a much larger share of their budget than it is for younger people. It's pretty hard to get a cheaper doctor or to have a hernia operation when your stomach is the area that needs surgery.
When is Obama going to get some backbone? He's saying he has it now re gun control, but the jury is out whether he will have his actions agree with his words.
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