Two minutes on proposals to cut Social Security

Former Secretary of Labor Robert Reich gives a brief, straightforward explanation for why switching to chained CPI isn't appropriate for Social Security cost-of-living adjustments:


Link: http://youtu.be/fvXuANd2l80

(I'm not sure why some ninny thought the ticking kitchen timer sound effect was a good idea, but since the whole clip runs just over two minutes it's endurable.)

A few previous posts on Social Security:

Should Social Security be expanded?
No, Social Security isn't in trouble
Yet more about Social Security

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