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‘Chained CPI’ just another excuse for gov’t to cut benefits

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‘Chained CPI’ just another excuse for gov’t to cut benefits A flawed policy initiative called the Chained CPI is gaining steam in Washington budget talks. It would shortchange New Yorkers who receive federal benefits such as Social Security and federal annuities by low-balling their annual cost-of-living adjustments (COLAs). Chained CPI supporters have tried to minimize the consequences it will have on seniors, retired federal employees and veterans by calling it a “technical adjustment” or a ...

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Phils2008
September 9, 2013
6:09 a.m.

[ Flag Post ]

Hey Richard " legitimate disagreement by serious citizens of goodwill", does this only apply to you liberals? Obviously there is no poor judgement from Obama because he's a liberal. Your bashing Bush and Rumsfeld does not make the dopey duo you put in office any smarter. They could not be more clueless. Cant wait to hear your blather when Obama starts WWIII. He's already ruined the economy and our health care, might as well destroy the world while he's at it.

muggy
September 9, 2013
6:28 a.m.

[ Flag Post ]

What happened to "speak truth to power?" Obama is leading from behind, again. As Gingrich aptly put it yesterday day on Meet the Press: "We're going to sorta punch you, but we're not going to punch you too hard and we really would like you to leave but we don't want you to leave enough to get rid of you. We hope there's a political solution although we haven't got a clue what it is."

wmarincic
September 9, 2013
7:27 a.m.

[ Flag Post ]

Richard M. Alvarez, Both houses of Congress led us into war with Iraq and I had a son there. The CIA, the U.N. and Suddam himself ALL said he had WMDs. You have the right to post all the stupid liberal lies you want but you can't change the TRUTH. I'm curious where are all of the Anti-War celebrities now? I don't see Cindy Sheehan, Cheryl Crow, Sean Penn, Martin Sheen, Bruce Springsteen, Ed Asner, Tim Robbins, George Clooney, Jackson Brown Janeane Garafelo, Neal Young, Jessica Lang, Barbara Streisand, Danny Glover, Jane Fonda, and Susan Sarandan. All of these PRICNIPALED celebrities are somehow all totally silent on Obama and Syria. I guess that in itself is telling. Liberalism, a true mental disorder.

wfmooney
September 9, 2013
7:50 a.m.

[ Flag Post ]

Irene,

We havee new Federal Employee Retirement System (FERS) that much worse than old Civil Service Retirement System (CSRS) as known as Diet COLAs. Yes, we (FERS) are hurting hurt more than CSRS with regular COLAs. Diet COLAs is between 2% to 3%, EX. Regular COLAs is 3% then FERS diet COLA's will get 2%, If Regular COLA's is 5% then FERS diet COLA will get 4%. It will decrease in 1% over 3% of Regular COLAs. With Chained CPI that we will get more suffer with diet COLA's than Regular Diet COLA's. Under the FERS has to pay Social Security vs no Social Security for CSRS. We are fighting for agaisnst Chained CPI after all.

robbump
September 9, 2013
3:36 p.m.

[ Flag Post ]

Many of the concerns of Claire Piazza ("Too much tobacco sold near too many schools") could be alleviated if cities would simply count all the window space in stores that is filled with advertisements as counting towards the total signage space allowed in that area. Windows are supposed to be something to let in light, not to be a billboard. I do feel that most convenience stores are a blight on their neighborhood bringing down values of nearby properties, thus justifying such restrictions.

jjhehir
September 9, 2013
9:57 p.m.

[ Flag Post ]

Irene, in 1980 the average CEO was paid about 42 times more than the average factory worker. Today, the CEO’s pay is 325 times more, according to investigative reporters Donald Bartlett and James Steele. Ever since President Johnson raided the Social Security system, followed by raids by every president and congress since, it has been in jeopardy. The rich have made money hand over fist over the years, especially since President Gorge W. Bush was elected. Now someone has come up with a bright idea to bail the system out on the backs of the Social Security recipient. I say, tax the rich to bail the system out, and if they squeal, tax them more.

Phils2008
September 10, 2013
5:53 a.m.

[ Flag Post ]

jjhehir is correct. Tax the rich into poverty. We have the right to take every penny they've made over the years to pay for what we want. Just because we didnt save any money and have to live off the ponzi scheme called social security is no reason we cant take from others to support our lifestyle. The people that make money in a capitalistic society are evil. We all know it. They should be taxed until they squeal. They have no right to keep all that they earn when so many of us want what they have. Obama is my guy. He's willing to steal from those that have, line his pockets, and give a little back to us that dont have. "From each according to his ability to each according to his needs".

wmarincic
September 10, 2013
7:18 a.m.

[ Flag Post ]

And after the rich have no more and the rich close down the businesses that employ us it will be our turn to squeal. I must not get out much, but I have never met a person on welfare or who is poor that has opened a business and paid people to work in it. jjhehir is a taker, his motto is "what have you done for me today" rather than what it should be which is "ask not what you're country can do for you but ask what you can do for you're country". Soon there will be too many takers in NY and not enough makers, takers include retirees, state pension, unemployed, underemployed, welfare and SSI. Once that happens in our lifetime we will see riots in the streets, but the rioters will all be takers because the makers will have already left this overtaxed state.

jjhehir
September 10, 2013
12:46 p.m.

[ Flag Post ]

Phils2008, in 1983 the top 20% in this country owned 91.3% of the wealth; the bottom 80% owned 8.7%. In 2010, the top 20% owned 95.6% of the wealth, and the bottom 80% owned 4.7%, a reduction of 46%. At that rate, it will take a very long time to tax the rich into poverty.
We, the bottom 80%, do not have “the right to take every penny [the rich have] made over the years to pay for what we want.” We do have the right to expect that our representatives in Washington, DC represent our interests and not be bought by lobbyists (sent there by the rich) when they make laws. For example: after World War II, when every country in the world except the U. S. was on their knees we allowed them to trade freely with us while they set up barriers to trade when we traded with them. Those trade agreements are still in effect. The result is that millions of US jobs have gone to China and other third world countries. Apple computers, i-phones, i-pads, etc. and Vice-Grips are products now manufactured exclusively in China. Millions of US jobs have gone to China because our legislators have not protected the jobs of US citizens, while owners of companies with productions in China have made billions.
Social Security, if it is a “Ponzi scheme” was made so by our legislators, who over the years, raided it to balance the national budget, instead of exercising fiducial responsibility and investing Social Security receipts responsibility.

jjhehir
September 10, 2013
1:20 p.m.

[ Flag Post ]

Wmarinic, I am not a taker; I worked for every penny I have.
I too have never met a person on welfare who has opened a business, but that doesn’t mean there are not any who did.
The reason that there are not that many makers in New York anymore is that all they are in China and other third world countries. The major problem in this country is not the many takers. The problem is the lack of makers whose jobs have been exported to other countries by owners of companies whose main objectives are to increase profits and remain competitive.

wmarincic
September 10, 2013
10:17 p.m.

[ Flag Post ]

jjherhir, Why do you think those businesses left America? Three reasons...1) Unions....2) Taxes...3)Government regulations... All three of those things are products of democrats, not republicans. So???

Phils2008
September 11, 2013
6:26 a.m.

[ Flag Post ]

jjhehir, Do you own a computer with MS windows running on it? Maybe thats why Bill Gates is a billionaire 10 times over. Does that make him a taker? Should he squeal as you desire because he had the audacity to put out a product that everyone wants? Why didnt you do that? How about Jobs and Apple products. You and the other liberals perceive this as an issue yet ironically you fuel the wealth through purchases and the jobs losses through demands. You liberals use unions, regulations and taxes to drive business out of the country and then cry about it? Sorry jjhehir, you liberals have created this utopia known as the shrinking middle class.

jjhehir
September 11, 2013
11:41 p.m.

[ Flag Post ]

The main trouble with this country is not unions, taxes and regulations, though they could always be improved. It goes much deeper than that. I suggest that you two guys stop listening to Sean Hannity and read a book some day. You might find out what is is.

wmarincic
September 12, 2013
7:09 a.m.

[ Flag Post ]

I read two to three books every week and have done so for the last 40 years. I'm now reading Killing Kennedy, Why is it that Conservative low income or no income tax states with less regulation prosper? I have never heard anyone say they are retiring to NY.

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