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Senator Menendez hedges on the Chained CPI

Here is the response I got from him following the email I sent the other day.  Menendez is a pretty liberal guy so if this is the best he can do, we’re screwed.

There are two things that Menendez should keep in mind. 1.) If in doubt, ask the actuaries for the data.  Modeling the numbers is not difficult.  Then you will be able to see if there is a cut and how big it is. 2.) Think about the generation that is between 45-55 years old.  We worked our asses off for this country with fewer days off or retirement compensation than most developed countries. Imposing a Chained CPI on us would be like an American version of a sumptuary law, forcing us to forgo goods and services we had planned on acquiring when we retired.  If we had known 30 years ago that a bunch of hard ass Republicans and media pundits would sacrifice us in order to keep their Bush tax cuts, we would have never put up with the surplus payroll tax.  It’s fraudulent to change the rules now.

We’re not stupid enough to believe this is going to strengthen anything, especially social security.:

Dear Ms. X:

Thank you for contacting me to express your opposition to the use of the Chained Consumer Price Index (C-CPI-U).  Your opinion is very important to me, and I appreciate the opportunity to respond to you about this important issue.

As you know, the Consumer Price Index (CPI) is a very important measure of inflation used by the federal government.  The current CPI does not take into account the changes in consumer spending patterns as consumers substitute more expensive goods for similar less expensive goods.  To get an alternative estimate of the effect of consumer substitution, the Bureau of Labor Statistics created the C-CPI-U for consumers, which reflects changes both in prices and the composition of consumer purchasing habits.

While the C-CPI-U may calculate a more accurate estimate of inflation that consumers face, some are concerned that this change will have the effect of reducing future Social Security benefits if it is used to calculate the annual cost-of-living adjustments.

I have not taken a position on this specific issue, but rest assured that I will keep your views in mind. I strongly believe that we must protect and strengthen Social Security because it is the main source of retirement income for millions of seniors.  Social Security benefits provide essential financial security to our nation’s seniors.  Rest assured, as I have done throughout my career, I will continue fighting to keep Social Security strong for generations to come.

Again, thank you for sharing your thoughts with me.  Please do not hesitate to contact me once again if I can be of further assistance.  I invite you to visit my website (http://menendez.senate.gov) to learn more about how I am standing up for New Jersey families in the United States Senate.

Negotiations, Marketing and Sandy

Republicans steal Obama’s lunch money again

This morning’s post of stuff is in no particular order.  The first and third may be related.

Krugman writes in his blog, Conscience of a Liberal, today that, as expected, Obama is turning out to be a lousy negotiator on the so-called Fiscal Cliff conundrum:

Here we go again — or so I find myself fearing.

Obama’s fiscal deal offer was already distressing — cuts to Social Security, and a big concession, it turns out, on taxation of dividends, retaining most of the Bush cut (with the benefits flowing overwhelmingly to the top 1 percent). It wasn’t clear that the deal would have gotten nearly enough in return.

But sure enough, it looks as if Republicans have taken the offer as a sign of weakness, as a starting point from which they can bargain Obama down. Oh, and they’re not giving up at all on the idea of using the debt ceiling for further blackmail.

In other words, all of a sudden it’s feeling a lot like 2011 again, with the president negotiating with himself while the other side enjoys the process.

The Republicans have been dying for Obama to offer a social insurance program cut.  For weeks now, they’ve been saying that Obama wouldn’t name any spending cuts in a game of gotcha chicken.  The minute Obama blinked it was a.) not going to be enough to satisfy them and b.) going to come back to bite the Democrats in the ass because they were the ones who finally conceded on spending cuts that no one likes without getting much of anything in return.  So, what does Obama do?  He blinks.  Not only does he blink, he practically gives away every advantage he had and the Bush tax cuts remain pretty much intact for the 1% while the Chained CPI takes a big chunk of money away from vulnerable seniors as well as raising their taxes.

By the way, there is a very good reason why the Chained CPI is a horrible idea.  It’s predicated on the idea that seniors will choose to scale down on their consumer choices.  They’ll buy more generic goods at the grocery store or go to Walmart more often than Macy’s.  (Great, I can just imagine what my limited fashion choices are going to look like in 20 years.  More sparkly things that fit my tall frame even less well because all of the patterns are cut for some 5’2″ model from the Phillipines.)  And I might as well just forget about replacing any Apple gadgets when I hit retirement age.

How does this benefit Main Street?  If seniors now have to forgo the few little luxuries they have or pick the progressively less expensive items, isn’t that going to have an effect on what is sold and consumed?  And won’t that eventually impact the economy and create a progressively larger drag on it?  Just askin’ because to Republicans, the fate of the economy doesn’t seem to be very important as long as they get their exemptions on their dividends and they don’t have to look at a poor person in Walmart clothing.  What I see evolving is a modern version of the Sumptuary Laws where the “most vulnerable seniors” will still be able to buy low quality consumer goods because that’s where they are in the social ladder and should not seek to rise above their station.

More on this: Thereisnospoon’s post from this morning laments along with Markos Moulitsos at DailyKos that Obama is a bad negotiator and he’s is going to betray the left that supported him.

Let me tell you a little joke:

There was a dull witted guy who came home from work early one afternoon to find his wife in bed with another man.  The guy is distraught so he goes to the kitchen and returns with a sharp knife.  Then he stands over the bed and holds the knife to his throat.  The wife looks up and starts to laugh.

“Why are you laughing?”, he says, “You’re next.”

Ba-dum-dum.

I kept thinking about this joke all during the election season and I would have told it sooner but some people would have just called me a racist.

On to Sandy.  I got an email from Senator Menendez about the negotiations for Hurricane Sandy funds and it has occurred to me that if Menendez and Lautenberg concede on the so-called “Fiscal Cliff” negotiations, it could be that they’re being pressured to give in or the funds will be much, much smaller than we need or non-existent.  Would the Republicans screw business owners in New Jersey who have been footing the bill for their states for decades by getting the least amount of federal funds back for every dollar they send to Washington?  Sure they would.  They’re not concerned with the fate of New Jersey, the shore communities that make their livings in the summer or the fact that the Northeast Corridor trains from DC to New York cut through this state or that New Jersey towns are really suburbs of either New York City or Philadelphia.  No, all that matters is that the Republican donors get to sit on as much wealth as they can possibly accumulate under them.  I’d like to hear what is going on with the Sandy reconstruction funds and be reassured that they aren’t being held hostage to the Republican terrorist threat but I am not hopeful.

The last item has to do with marketing.  There’s a grocery store in my town that I have been going to faithfully since I moved here in 1992.  But lately, the things I like are disappearing from the shelves.  It started with some bagged salad items but the trend is picking up steam lately.  Suddenly, I can’t find 2% yogurt anymore.  More than once I’ve bought groceries home, stuck my spoon in what I thought was going to be a thick and creamy Greek yogurt and unwittingly spooned a glob of honey flavored paste in my mouth.  Almost every flavor of yogurt on the shelf is 0% fat yogurt.  Oh sure, there are something like *two* flavors out of zillions that are 2%.  They’re usually in flavors I don’t like, like pineapple.  Don’t get me wrong, I like pineapple but I don’t want it in my yogurt.  I want lemon in my 2% Greek yogurt.  Can’t find it anymore on my grocery store shelves.

A similar thing has happened to the UHT milk.  The store has moved the location of the UHT milk to the juice aisle and reduced the size of the section devoted to it.  No explanation.  It just happens to be the only milk I buy because otherwise, fresh milk spoils in my house before we get around to drinking it.  You can store UHT milk forever.  But no, the UHT milk is on its way out.

The hummus crisis is emblematic of this trend.  In my grocery store, we have more flavors of hummus than I can count:

I can’t believe that Hillsborough can really distinguish between so many brands and flavors of hummus.  I’d like to see how much hummus gets dumped by the store.  But there is only one kind of babaganoush, which my house prefers.  We also like Tsazhiki but it’s ridiculously expensive.  I’d be inclined to make it myself but I don’t want to make it with 0% fat Greek yogurt, which is just about all there is.

I blame marketing and those stupid loyalty cards.  Apparently, there weren’t enough of us buying Chobani 2% lemon yogurt and now, the marketing people at Chobani and Shop Rite headquarters are going to send nothing but 0% yogurt from now until doomsday.  The thing that drives me nuts is not that they should be sending less of the flavors that were selling slightly less well but it turns out that they aren’t sending any of those flavors at all.  It’s apparently all or nothing in marketingland.

It somehow never occurs to them that flooding the shelves with only one type of yogurt or middle eastern spread or milk or whatever is reducing their sales.  I won’t buy 0% yogurt because it tastes bad, I don’t care how many suburban soccer moms have decided that 2% fat in yogurt is bad for you, I’m not buying the 0%.  Ever.  I do not like mouthfuls of pasty yogurt so I will go without it.  So, right there, Shop Rite has lost my yogurt purchases when I used to buy yogurt there routinely.  But it’s even stupid from a Greek yogurt perspective.  When Greek yogurt first hit the stores several years back it was special because of the unique flavors like lemon, honey and pomegranate.  If Greek yogurt manufacturers drop that uniqueness and instead go for more mainstream flavors like strawberry and the absolutely worst flavor in the world, strawberry-banana, what will make Greek yogurt stand out among the Dannons, Yoplaits and store brands that are much less expensive?  Instead of being something special that Americans would experience and come to love gradually, the Greek yogurt manufacturers have killed themselves by listening to their marketing experts and become just like every other yogurt on the shelves.  Except because their yogurt is strained, the end product of a 0% yogurt has none of the creaminess of a typical American or European style yogurt.  So now not only is the flavor not “Greek”, it’s got the consistency and mouthfeel of Elmer’s School Paste.  I will now go out of my way to Wegmans to find something that is now considered “niche” or I’ll make it myself.  Same with babaganoush.  From now on, I’ll go somewhere else for that or I’ll buy an eggplant for half the price at the little farmer’s market produce store and make it myself.

The steady encroachment of marketing on my grocery purchases feels like a combination of Soviet five year plans crossed with bullying.  “You buy the yogurt we have because we tell you what you want and like even if you don’t want or like it and now we have no way of knowing what you want or like because we don’t give you any way to make a choice that we can collect data on.  Suck it up, suburbanite.  Why do you have to be different from your neighbors??”  I guess I don’t like the idea that I am subsidizing the rest of Hillsborough’s preferences (we don’t know how much they prefer these items because the loyalty cards can’t measure lack of choice) with higher costs for the items I actually like or can’t even find anymore.

Do we know that all the residents of Hillsborough like the same thing or am I the only one who ever complains?

Don’t answer that question.

In any case, the trend continues in Shop Rite which means I am finding myself buying more and more stuff at other stores.  It’s a shame.  I really used to like that grocery store.  But whatareyagoingtodo?  I want choice.  I gotta be me.

To the Phones

Smaug makes his opening bid

Following Atrios at Eschaton, Call the White House, your Senators and your House members to say no to proposed cuts to Social Security via the Chained CPI.  They *are* cuts.

This is what the 1% have been waiting for.  This is why the bankers and well-connected have been strangling the money supply for the past 4 years and holding the economy hostage every time there is an expiration of their tax rates.  They need for us to feel enough pain so that we will give up something that is very important to us.

It has never been about the deficit.  It has always been about weakening and then eliminating the social insurance programs and using the chained CPI to calculate Social Security benefits is their first blow.  Don’t let them get away with it without a fight.

Say “NO!” to the Chained CPI.  But don’t just stop there.  I’ve always believed that you shouldn’t oppose a law or proposal without a working counter proposal.  Don’t just complain.  So, tell your elected officials that you would like to strengthen Social Security by raising the payroll tax on higher income earners.

Here’s who to call:

White House

202-456-1111

Your Senators

Your House Members

We didn’t share in the prosperity, why should we share in the austerity?

Spread the word!

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