"Cat Food" part of Obama Budget

Social Security after ObamaWhile the liberal press obsesses over President Obama's recent gaffe regarding Kamala Harris, there has been little coverage of his proposed 2013 budget.

 

Obama is now openly promoting cuts to Social Security in the form of "chained CPI" -- a measure of inflation that assumes that if real food becomes too expensive, the poor will simply survive on something cheaper, such as cat food.  Although this has been dismissed by many in the press as a mere "tweak," the real consequence will be a cut to Social Security benefits of between 5 and 10%, depending on the age of the recipeient.

 

Obama's proposed budget also includes deep cuts to Medicare (beyond even those proposed by Tea Party Republican Paul Ryan), as well as tax increases on the middle class.

 

Obama's statement mourning the late Margaret Thatcher and Ronald Reagan is yet another indication of how far the spectrum of mainstream US politics has moved in just a few years.