Posted on 04/09/2013 8:48:43 PM PDT by Impala64ssa
Liberals descended on Pennsylvania Avenue Tuesday to protest President Barack Obama's decision to include entitlement cuts in his upcoming budget, delivering 2 million petitions demanding the White House back off its support for the chained CPI.
As we reported this weekend, liberals have been seething over the inclusion of the chained CPI in Obama's budget, which they see as a huge betrayal by the Democratic president.
This week, progressive groups, including MoveOn, the Progressive Change Campaign Committee, and Democracy for America, have mounted "emergency" online campaigns against the proposal, accusing Obama of turning on the very supporters who helped re-elect him to office.
(Excerpt) Read more at businessinsider.com ...
What's a 'chained CPI'?
Exactly. So there’s one group who will still give him their full-throated support-the parasite class.
The a-hole’s been screwing them over since Day Won but these retards are too stupid to notice until a term and change in......
When you lay with dirty dogs, you wake up with fleas.......
The Dems DESERVE it......the people who didn’t vote for Zero DO NOT!
“Outraged Liberals Say Obama Is About To Screw Over The Very People Who Got Him Elected”
sweet!
Flexibility kicks ass!
A govt consumer price index that will will change the govt’s method of calculating cost-of-living adjustments so they rise more slowly. It slows the growth of social security and other benefits.
Dumb-azzez think *they* got him elected....
Thank you, Madame. I get it now. I even read an FR thread about it, and still couldn't understand the liberal drone-speak.
I am SHOCKED, SHOCKED I tell you......BWAHAHAHAHAHAHHA
Hopes he puts them in camps.
Chained CPI is a crappy way of keeping the COLAs they pay (like Social Security recipients) that are supposed to be inflation adjusted lower than what you and I understand is inflation. I have the simplistic notion that if I go to the store and buy a Widget one day and buy another identical Widget at a later date at higher price, inflation has occurred.
Assumptions are made that spending habits change as money becomes scarce, so a person would start buying store brand rather than name brand products. If I buy a Widget at a certain price, then go back and buy a Widget at a later date, it is assumed I’ll buy a cheaper version of the Widget, therefore no inflation has occurred.
It goes by another name, IMO: “Cooking the books.”
Or, "letting the poor eat cake." Ignorant libs. They voted for the monster, and now he thanks them.
Saw this comin' in 2008.
Interesting this comes right with his shill’s gun law proposals. Ya think that was by accident?
Also, don’t jump to high with the high fives, what also is probably coming is means testing for medicare.
He gives them the back of his hand...exactly as we predicted he would. It’s scary.
I’m not high fivin’ nothin’! I expect nothing to be left when this jug-eared 0bamugabe is finished with this country. Nothing but smoking ruins.
Oh come on. Obama knows his budget will get less votes than I would get if I ran for president. He can put whatever he wants in it since it will get the same amount of votes it got last time.......0.
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