Chained CPI is not significant unless inflation kicks in. If inflation is 5 -7 percent, chained CPI is a real reduction and the government is counting on this. How do you can know this? Because - the pols wouldn't be suggesting it as the they are paying/risking an unnecessary cost to float the idea unless it cuts the budget log term.
Again, wanna decrease in government benefits then vote that way.
This is a non-partisan way to say...if you got it...keep it and enjoy it..; however, if you rely on entitlements and if you decide to choose those who advocate cutting SSA and Medicare...then don't whine when your living standard decreases.
My point is non-political..but, it's logical. The great thing about a democracy is you get to make choices...but, the trade off is to accept the consequence.
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R.I.P. Gary...you will be sorely missed
When the going gets weird, the weird turn pro.
Hunter S. Thompson
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