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View Diary: About that chained CPI 'bump' for the 'most vulnerable' (155 comments)

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  •  All this over $40 a year? (2+ / 0-)
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    Minnesota Mike, Seeds

    Really folks?  What we are talking about would have amounted to $40 in 2013 for a couple and $26 for an individual.  For the year!

    •  not to quibble (1+ / 0-)
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      but the chart is about monthly benefits, not yearly. but yes you are right, the purchase power drop is about $40/month in real dollars in over 15 years, after which there is a reset and another gradual reduction in real purchase power over the remaining life span of the recipient.

      on this, empires of cat food are apparently built.

      •  Purchasing power to Seniors (0+ / 0-)

        is a monthly calculation not one accumulated over a spread of 15 years.  In the very real calculation of a Senior living off of Social Security it will be a reduction of just over $2.00 per person per month - not $40.  Huge difference.

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