Are we overreacting to Social Security’s finances? We don’t need to full-on panic but complacency and anti-alarmism is also misplaced.
Are we overreacting to Social Security’s finances? We don’t need to full-on panic but complacency and anti-alarmism is also misplaced.
I agree that neither panic nor complacency are the responses to future SS problems…that, however doesn’t mean that modest action should not happen soon…to insure that SS will be around in a healthy manner the cap on SS taxes should be eliminated…at the same time, while we don’t need to increase SS, we do need to raise the amounts used that trigger taxes being paid on benefits (those amounts have not changed in a quarter of a century…they should be now double what they are)…
Start all discussions about Socialist Insecurity with the U.S. Constitution, that does not authorize this political scheme, but it should be reserved to the states, or to the people, per the 10th Amendment.