So you are of the bent that it is OK to substitute dog food for steak, because after all that's what people do when meat protein increases in price. That's a fair criticism re: substitition. But should COLA increase to provide 40" LCD/plasma TV's now instead of 19" CRT TV's? Should COLA increase to provide cell phone contracts instead of (cheaper) landlines? Should COLA increase to provide the far superior technology and safety features of a 2008 Chevrolet Impala vs a 1970 model? Should COLA increase to provide for a PC and internet subscription that no one had in 1970? Should COLA increase to allow the average homeowner to have a 2349 sqft home (2004) vs a 1500 sqft home (1970)? I could go on and on. I think CPI-U should reflect increases due to cost, but not for all leaps in technology. If your TV is going to cost 5 times what you last one cost, you should have to cut expenses somewhere.
Life is not fair! Your mega corp canceled your pension. As Texarkandy said, therefore every bodies pensions should be canceled, or 'the government should make mine good' My point was just the opposite. I never said it wasn't fair that MegaCorp cancelled my pension. I never said Fed Emp should lose their pension or health care which would be the equivalent. What I did say was having their benefits preserved AND receiving COLA adjustments well above the private sector was something that did not see fair.
Here is the classic example of wanting the Government to take care of us. Companies offer benefit packages to attract workers. How do workers insure these companies will keep their promises. Well, while I am not particularly in love with Unions, that's one way. The other is workers leave and work for a company they think will.
If I were you I would think long and hard before I ask the Government to delve deeper into my life.