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Obama’s base will suffer the most. While 80% of our big cities voted for Obama it’s apparent the elderly, both White and minority, will be asked to “balance the budget” by themselves. There might not be any inflation but the Consumer Price Index (CPI) has risen steadily since January, and people are living by the CPI not the rate of inflation. Numbers show ignoring the CPI will crush elderly and minorities

This is EXACTLY what I predicted years ago - the government would start having COLAs fail to keep pace with the rate of inflation. It amounts to reverse compounding.

Since Social Security is underfunded, the Fedgov will use an unholy trinity to bring it in-line with receipts - understate the action rate of inflation, have COLAs fail to keep up with even that artificially-low inflation rate, and then will monetize fedgov debt, which will further fuel inflation.

"Obama’s base will suffer the most." ...

You mean that 67% of NON - HS grads, 18 to 39, who voted him in ????

Since Social Security is underfunded, the Fedgov will use an unholy trinity to bring it in-line with receipts - understate the action rate of inflation, have COLAs fail to keep up with even that artificially-low inflation rate, and then will monetize fedgov debt, which will further fuel inflation.

That is not the way it works. Latest Cost-of-Living Adjustment

The problem is that SS increases (and Medicare Part A) are not tied to revenue. They are not linked, which is why SS is unsustainable and will start going into the red by 2016 or earlier.