redblack
agree that it needs to be tweaked, skeeter. but the model is sound if adjusted for inflation.
to simplify the argument, there are two – and only two – fixes. do we tweak the revenue side (and stop congress from borrowing against the trust fund), or do we gut the benefit payments?
it’s not like the payroll tax is breaking anyone’s back, but the lack of COLA is. how much further do you want to reduce benefits?
and you have to admit, skeeter, that there are huge private interests that have been seeking to destroy social security since its inception. to an extent, they have been successful in speeding along its insolvency. i mean, it’s not like social security is “going broke” on its own.
it turns out that al gore was right… on more than one score.