By the way, and I can't believe I am saying this, but I agree with Riot that we should not be using Social Security funds to pay for wars. I will further amplify that to say we should not use Social Security funds to pay for anything but retirement expenses of Social Security contributors.
That means:
no payments to non-contributors (like illegal aliens)
No payments to those below retirement age.
Actually treating it like a separate pool of money, making Al Gore's "Lock Box" something other than the fantasy it has always been.
This also allows for:
The voluntary participation of the people and allowing people to GET OUT OF IT.
The program is doomed. No one below the age of 40 actually expects to collect anything meaningful from it, should the program even exist. Almost no one gets the principle plus interest they should be getting from what was originally sold as a retirement investment program.
That said, as Riot alludes to, it doesn't make sense to put yet another torpedo into the hull of that sinking ship.
|