Quote:
Originally Posted by Antitrust32
Riot, I think your main problem on this issue is that you feel that 2037 is ways away.
its in the not so distant future... so much so that it will effect everyone born in 1970 and after.
some people care about their childern, and their grandchildrens future.
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My "main problem on this issue" is being reality-based and not panic-induced.
I do not think that Social Securities' being able to meet 100% of obligations for the next 27 years, and then being able to meet 78% of obligations, qualifies as an immediate crisis of historic and scary proportion.
Nor do I think it justifies panic and immediate significant overhaul or privatization of the entire system, as Wall Street and the GOP are salivating for.
It calls for the predicted and anticipated, well-planned and calm tweek. This is no surprise. We knew it was coming.
There is an easy fix to massively fund Social Security heavily, in excess, with tons of money, for decades. That is to simply raise the cap up to $200,000 or so.
I support the above solution. Because then the SS payroll takeout could even be lowered in the future.
Alternative solutions being floated are to cut benefits, raise the payroll takeout (you pay more), raise the retirement age, or to privatize the system (give private corporations the funds to invest for us - shrudder! )
I do not support any of those solutions.
Passing any of those second solutions also requires the public to be scared Social Security is about to crash, that there is a crisis that requires such significant changes.
What do you support?