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I’ve said for years that Social Security will be “fixed” partly through a deliberate under-reporting of inflation figures that constrains cost-of-living increases over time. Think of it: the government reports inflation of 1.5% while the real rate of inflation is 5% or higher, and it’s obvious what is happening here.

Think of it: the government reports inflation of 1.5% while the real rate of inflation is 5% or higher, and it’s obvious what is happening here.

That's already happening, due to the poor way the COLA is figured.

For 2013, we're getting a measly 1.7% increase. Meanwhile:

my grocery bill for 2012 is up way more than that
my Medigap premium is up by 20% for 2013
my Medicare C premium is up by 15% for 2013
my Medicare A&B premium is up 5% for 2013

And we get a lousy 1.7%? Why do they even bother? And under the proposal we'll get even less.

Pardon my "senior" rant :)

“I’ve said for years that Social Security will be “fixed” partly through a deliberate under-reporting of inflation figures that constrains cost-of-living increases over time. Think of it: the government reports inflation of 1.5% while the real rate of inflation is 5% or higher, and it’s obvious what is happening here.”

Hasn’t the CPI been eviscerated before by taking out increases in food and fuel? i read somewhere that by converting to the chained CPI that old timers dependent on SS can just switch from eating chicken, to dog food and then finally to cat food as there checks dwindle. and if they find cat food unpalatable, they can fast until they no longer have the strength left to cash their social security checks.

the real reason that SS is running out of dough is because of all the illegals getting SSI, disability income, etc. but heaven forbid, we deny the illegal invaders their rightful due as we welcome them as they pour across our borders to enjoy free medical care, in-state college tuition, reduced mortgage principal and interest rates, because of their no document loans the banks forced on them.