Whenever someone wants to start a war, nobody ever asks how we are going to pay for it. But when there is a proposal to help people with basic human needs, suddenly the budget becomes a top consideration.
Democrats were poised to wage a substantial campaign based on the issues against Donald Trump next year. The likely front runner at this point, Elizabeth Warren, has a plan for everything. These are issues that most working Americans care about, like the minimum wage and healthcare. But now that they’ve decided to impeach Trump, the odds of those issues getting any serious play have all but evaporated.
Democrats and Republicans both want to reduce the deficit using an accounting gimmick called “Chained CPI.” Under the Chained Consumer Price Index, increases in prices of products are ignored. Instead, it is assumed that consumers downgrade their purchases to cheaper products when prices for those they currently buy increase to the point that they can no longer afford them. Then the government uses these phony calculations to justify smaller cost of living increases to recipients of Social Security and other beneficiaries of programs indexed to inflation.