The Hail Mary pass

Sounds like he’s going to go for the chained CPI instead:

The Obama administration has ruled out raising the Medicare eligibility age from 65 to 67 as a means of reducing spending, White House Press Secretary Jay Carney announced during a briefing on Monday.

The measure — which the President floated as part of a larger deal to reduce the deficit in 2011 — is widely supported by Republicans, but would only save the federal government a net $5.7 billion, while shifting an added $11.4 billion in health care spending to states, employers, and individuals.

The proposal could also devastate the majority of seniors. While the richest Americans have fared well during the sluggish economic recovery, most Americans continue to struggle with falling wages and job uncertainty. According to a recent report from the Conference Board, 62 percent of workers between 45 and 60 plan to delay their retirements, a stark jump from 2010 — when 42 percent of workers planned a delay.

3 Responses to The Hail Mary pass

  1. imhotep February 12, 2013 at 10:43 am #

    Chained CPI is also “widely supported by Republicans” and isn’t going anywhere either. More and more it appears as though the President is screwing around with the Democrats. Taking Republican ideas and forcing Democrats to shoot them down in public. Obama has already made Reid look like an idiot on the gun control issue. If that’s Obama’s game plan for the next four years, I for one am 100% behind him. Oh, it’s good to be King, or a reasonable facsimile thereof.

  2. jawbone February 13, 2013 at 6:43 pm #

    Now, why is it you’re behind Obama “Taking Republican ideas and forcing Democrats to shoot them down in public”??

    Seriousl — why is that something to support?

    I am confused by your post — what do you actually support?

  3. imhotep February 14, 2013 at 10:56 am #

    jawbone, your question is a valid one. Start with this: Socialism is Capitalism with a conscience. The question then becomes: how does one first demystify and then ultimately discredit the Capitalist economic system (model)? In favor of a Socialist economic system (model). To accomplish that you must show that a republican form of government can be operated more democratically by using the Socialist system than it can by using the Capitalist model. Which economic system do you favor?

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