Replies to post #201246 on Tornado Alley (PROG)

[StephanieVanbryce]

That’s the trick of the policy: It doesn’t make any cuts or raise any taxes directly, it just uses a supposedly more accurate measure of inflation to make opaque cuts automatically. But that means the cuts and taxes all depend on what happens to that new measure of inflation.

Appears to be settled then. They won't be doing it. "It doesn't make any cuts or raise any taxes" ... so?
Don't Do It. Meaningless change is just that .. meaningless and it is causing MUCH ill will.

[arizona1]

If you calculate the benefits received under the existing law and the benefits received under this new method of calculating it, you will receive less of a benefit. That's a CUT any way you slice it.

[fuagf]

as the economy improves and inflation sneaks back in the gap between the CPI and it's chained-mate will increase, as i understand it, (that is suggested by "It’s also possible, of course, that the slowdown was a temporary feature of the recession, i think") as seniors will stop buying what they would rather buy and move to cheaper stuff .. to penalize their income because they are buying cheaper stuff doesn't seem fair to me, especially when raising the cap for billionaires would fix SS as well .. i think that's what the chain means .. you buy cheaper stuff so your cost of living drops, so we drop the COLA to fit your savings .. that's it, isn't it?