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View Diary: Make Boehner own the horrible stuff (215 comments)

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  •  the effect of the change to chained CPI (6+ / 0-)

    affects more than just current beneficiaries.

    If you have been paying into SS, but not collecting, your future benefits will be hugely reduced by the time you come to collect them.

    It is a stealth way of siphoning money not just from the current beneficiaries of SS, but from everyone currently paying into it.

    The second argument is that of simple fairness; SS is a financial compact the government has made with its citizens, and therefore the government is obligated to pay the full amount of benefits.

    To cut those benefits amounts to a default on the government's obligations--although the 1% never put it this way.

    "In America, the law is king." --Thomas Paine

    by limpidglass on Wed Dec 19, 2012 at 05:19:04 PM PST

    [ Parent ]

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