The Obama administration’s proposal to change the basis for Social Security raises to “chained CPI” is all about saving money by slowing the growth rate of benefits. Whether you think that’s a good thing or a bad thing depends on whether you believe workers have been paying too much to support their elders.-Businessweek
President Obama is upsetting even his staunchest liberal supporters with this move, as Florida Democratic Congressman Alan Grayson has recently come out in opposition to the President on this matter, confirming that there is a deep divided within the Democratic Party,
Grayson appeared on a Progressive radio where the host herself was baffled at the fact that only 30 Democratic members of Congress “promised to vote against” this CPI measure.
Such a low number of Congressman supporting the CPI measure prompted Grayson to state the following:
Grayson then turns his frustration on President Obama, saying that “our leader (Obama) is essentially adopting the other side’s talking points.”
Roughly 170 of them (Democratic Representatives) need to be primaried next year, that’s what that means. –Rep. Alan Grayson
There are too many people, starting with the President on down, who think that any deal is better than ‘no’ deal, even if it’s a bad deal and they run around with their pride and their power saying ‘ well, I’m gonna decide these things for America.-Rep. Alan Grayson (D-FL)
The host outlines the divide within the democrat party caused by “New Democrats” who she calls neoliberals that “kowtow” to big business. Grayson acknowledges her statement by saying that the President is ultimately responsible because it is hard for any Democrat to go against him, and then have to face voters and the media, who will question why they opposed their President.
[vsw id=”c9RIJvpXjbs” source=”youtube” width=”600″ height=”370″ autoplay=”no”]