The current poll on Quinnscommentary asks about ways to fix Social Security before it runs out of adequate funds to pay benefits. The most commonly mentioned strategies are options on the poll. In addition, there is also the option to simply lower benefits for the higher income participants.
At this point in the poll a fewer number of participants have voted for a combination of strategies involving raising the retirement age, increasing payroll taxes and adjusting the COLA then have voted to simply lower benefits of higher income people.
That’s a scary result to me because it says many people do not understand the true nature of the problem and rather drank the cool aid of the more successful among us can solve all our problems.
Many people hold the view that they have earned and paid for their Medicare and Social Security and thus nothing should change. I guess that doesn’t apply across income levels and for the people who have pay the most into both Social Security and Medicare.
ADD YOUR VOICE TO THIS DEBATE CAST YOUR VOTE IN THIS POLL



DC’s interest isn’t whether Social Security works but rather it not break in the next 4 years.
One problem is that people use the word fixed and solvent interchangably despite the fact that they are roughly 12 trillion dollars apart. The word fixed means that you have no problem. The cost is 20.5 trillion according to the Trustees. The word solvent means that you have made your problem a problem for your grandchildren. That cost is 8.6 trillion according to the Trustees.
Our site provides information on all of the alternatives. http://www.FixSSNow.Org.
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