To The Daily Sun,
A flawed policy initiative called the Chained CPI is gaining steam in Washington budget talks that would shortchange those who receive federal benefits such as Social Security and federal annuities by low-balling their annual cost-of-living adjustments (COLAs). Chained CPI supporters have tried to minimize the consequences it will have on seniors, retired federal employees, and veterans by calling it a "technical adjustment" or "better measure of inflation."
When you cut through the rhetoric, the truth is that the Chained CPI is only an adjustment in that it means smaller COLAs each year. It hurts
every American — particularly our most vulnerable — in a major way that worsens over time.
How would the switch to the Chained CPI hurt an American citizen who receives the average $15,000 annual Social Security benefit? Over 25
years, Chained CPI would rob the senior of more than $23,000. Just think of how many coupons that senior would have to clip to make up for the loss of $23,000 over his/her retired years. For many federal annuitants who don't receive Social Security, the impact is even greater. Over 25 years, the average federal retiree would see a loss of $48,000.
I urge lawmakers to reject the Chained CPI and provide America's seniors, retired veterans and public servants, and individuals with disabilities the income protection they have earned and deserve.
Roger J. Ball
Gilmanton Iron Works
Last Updated on Monday, 16 September 2013 10:42
To The Daily Sun,
Hats off to Dale Channing Eddy of Gilford and his fabulous letter outlining the tragedy of Obamacare, now morphing to " Obamascare" as its start day nears. She hit every nail on the head that will eventually be in the Obamacare's coffin. This legislation will not survive as written. There are too many millions harmed by the unintended consequences as Dale so aptly pointed out and too few benefiting.
Even unions are outraged, They are trying to GUT the legislation at its core. All Obamacare does is harm them. This is ironic considering unions spent tens of millions in DUES MONEY backing the legislation four years ago. When Nancy Pelosi finally opened the famous OBAMACARE BOX and peeked inside the union-eating DEVIL popped out. You remember that great punch line, it referenced the fact that not one Democrat had ever read the Obamacare legislation before it was passed because much it had yet to be written and what had been was in Egyptian hieroglyphics.
Millions of union workers will dumped from employer health rolls forced to buy insurance on exchanges that will cost them much more. The so called " Cadillac plans" that many unions fought hard and long for will now be highly taxed, forcing employers to provide less coverage in the future. The 30 hour, full-time employee mandate is causing millions of union workers to have their hours of work cut forcing them to find a second job, if they can. Good luck on that — jobs are scarce since Obama took office. Health insurance has always been a HUGE union bargaining chip that unions always managed to surpass non-union workers in obtaining. Above others,, gold-plated union health care is now DEAD. Obamacare will control almost all of how health care is priced, delivered, and offered. Health care has essentially become just another government-controlled and much-financed bureaucracy. Obamacare destroys in one day what unions fought decades to accomplish. No wonder they are SCREAMING they want it GUTTED. They want Obamacare so modified it has already been determined it would require reopening debate in congress. You think Obama is going to let that happen. Only when your 90-year-old grandmother competes in the 2016 Olympics high jump event.
Harmed most by Obamacare will not be unions, though they may scream loudest. It will be the YOUNG generation defined between the ages 24 and 36. The people with the lowest per capita wealth in America will be transferring more wealth to the age group with the highest in America, those over age 60. All with Democrats in the peanut gallery screaming we have "TOO MUCH INEQUALITY IN AMERICA". They create EVERY BIT OF IT . The young among us are DROWNING under the burden of monster levels of college debt, now the highest in history, combined with one of the lousiest job markets in history. The young will be forced to live much LESSER lifestyles in order to increase the wealth of those already with more or be fined. Remember this prediction. Millions of the young will choose to pay the FINES under Obamacare BECAUSE THEY ARE FAR LESS than buying insurance, with or without a subsidy. If as predicted millions of them do not buy insurance TO PAY FOR THE SICK the cost of premiums for health insurance will "EXPLODE" out of this universe. The health insurance rolls will become totally dominated only by those who are SICK and incredibly costly.
America warned of this impending DOOM from the beginning. There has NEVER been A POLL ever taken to this day where the majority of Americans favored the Obamacare solution to our health care troubles either before it was enacted or after it was enacted with as we all know 100 percent Democrat votes. Democrats could not find even ONE Republican who would agree to be associated with what they knew was the impending DISASTER of Obamacare.
Last Updated on Monday, 16 September 2013 10:39
To The Daily Sun,
I am wondering if there is a season for hunting the Canada geese, and if not, THERE SHOULD BE.
I don't know about the rest of the mothers around here, but they should be appalled at the children practicing football on the field of goose poop over by Beans and Greens. Every time I pass this field, there are at least 50 or more geese all over the field. It is a wonder that children are not walking around with some deadly disease, after all, where do they put their hands while playing on this field.
Seems like there are at least 50 dinners walking around over there.
Last Updated on Monday, 16 September 2013 10:33
To The Daily Sun,
As the CEO of a software company that I founded in the 1980s, I know that one has to keep expenses under control to maintain profitability. Our biggest cost beyond overhead and equipment was labor, the men and women who actually produced our products. As the company grew so did the salaries of our employees. We also extended our benefits to include family health plans, retirement plans and free eye glasses.
As I look at today's business climate, I am appalled to see what has happened to the American worker. Wages have increase by just 5 percent in the years 1979 to 2012, despite productivity growth of nearly 75 pecent. These indisputable statistics illustrate that workers no longer share in rising labor productivity. In the light of even modest inflation, workers are generally working much harder and getting paid less. Computers, automation and increased employee work-load with the threat of moving jobs away, has left workers with little bargaining power. Never before, have people been so fearful to even ask for a raise. Another factor is the utilization of foreign manufacturing to produce our products.
In a healthy capital market, increases in productivity usually go hand in hand with increases in wages and salaries. Unfortunately, since 1979 corporate top executives and corporation shareholders are the only people who have enjoyed the benefits of higher productivity. Anyone who has money in the stock market has seen huge increases in corporate earnings. Ironically, did you ever notice that when a large company announces a layoff of thousands of people, its stock price goes up?
Look at the workers in McDonald's. They are working every minute and get very little time to rest. Most are no longer teenagers, but people with families to support. Many are paid the minimum of $7.20 an hour, which comes out to about $13,100 a year, before deductions.
Perhaps, you read this and say to yourself, "Who cares? No one I know wants to work at McDonald's"? The reason why you should care is that pay scales are like the animal food chain. The upper end relies on the lower end. Managers and senior employees in a company are affected by the salary of lower income employees. If the starting pay in your company is cut or frozen, the salary of higher paid workers will also be affected. If your salary is "too high" you could be eliminated.
Economists tell us that by 2020 nearly 42 percent of all jobs will be low-paying jobs. By refusing to raise the minimum wage, the Congress is facilitating this downward spiral.
Last Updated on Monday, 16 September 2013 10:30
To The Daily Sun,
Cathy Merwin's September 14 letter to the editor left me puzzled as to her intent. Did she write to bury or to praise the late Honorable Robert Kingsbury?
One sentence read: "he sponsored a failed effort to tie future state legislatures to the Magna Carta". I thought that the document in question limited arbitrary authority which at the time was held by the king. Many of us would like to curb the arbitrary powers of our government which become ever more encompassing and expensive.
If Ms. Merwin thinks honoring the Magna Carta, a fount of individual liberty, a bad thing then it is she who is radical and not the late honorable representative.
Rep. Dick Burchell
Last Updated on Monday, 16 September 2013 10:23