Melissa Harris-Perry was on vacation this weekend, but I was very happy to see her guest host, Joy Reid and her panel members go after Democrats and President Obama for pretending that this god awful proposal for chained CPI would not be a cut in Social Security benefits for our seniors who can least afford it.
Sadly we don't have the opportunity for a group of actual liberals to debate policy as we saw here very often and are usually treated to our millionaire beltway Villagers talking about how we must extract a pound of flesh from the most vulnerable among us to balance our budget on the cable news programs instead. This was definitely a welcomed change of pace from what we're treated to far too often on MSNBC, where we've got way too many of them pushing for more austerity and cuts to our social safety nets, because heaven forbid we can't have taxes on members of the beltway cocktail party circuit going up.
On Melissa Harris-Perry on Sunday, panelists discussed the fact that Social Security was on the table in fiscal cliff negotiations — which has “progressives calling foul,” said guest host Joy Reid.
She discussed a proposed plan to divorce Social Security benefits from cost of living increases and tie them instead to the “chained consumer price index,” which assumes that people will buy cheaper alternatives when products become expensive.
House Minority leader Nancy Pelosi (D-CA) claims that such a shift would not be a benefit cut and would strengthen the program, but others claim it would inevitably lead to reduced benefits.
Reid goes on, “As we await a [fiscal cliff] deal, one of the most looming questions we face is just what aspects of Social Security are on the table?”
Recently, 102 Democrats sent a letter to House Speaker John Boehner (R-OH) requesting that a shift to chained CPI be removed from consideration.
As they noted, that got some real push back from The Nation's Richard Kim and their other guests, Bob Herbert and Raul Reyes.