social security

[Danzig]

Originally Posted by Riot

Simple fix, like the other simple fixes that have happened over the years:

Raise the cap to $200,000 or $250,000

Social security will then be funded at full benefits (heck could even increase benefits with that) into perpetuity based upon expected population and length of life.

Yes it's that simple.

and who's going to suggest that simple fix?! the leading dems are all in denial about the need for a fix. i still don't understand why they lowered the ss withholding for the year-making a bad situation worse. we're facing a serious situation. viewing the problem thru rose-colored glasses saying 'oh, it's so easy to fix' when no one is willing to take the bull by the horns is no fix at all. our oh so brave pols are unwilling to do something that might cost them some votes come election time.
yeah, we all know we need to bell the cat. the question is who will do the deed???


the truly sad part will be when our taxes get raised to pay interest on the money borrowed. so, we pay extra to put our money back into ss, where it should have stayed in the first place.


as for 'raising the cap'....how can you require people to put into social security, ostensibly for them to regain at retirement, and then tell them they can't have it after all? it's no longer a retirement fund when you do that-it's a tax.