Contract With Millenials. Take them out of the Social Security program and give them a Health Savings Account with the money they put in. 2 issues solved. Buy out those between ages 40-55. Over 55’s can collect until they assume room temperature in 30 years.
Good idea but I have 2 concerns:
1. buy out with what money? The lockbox has been broken into so this will increase the debt.
2. Most people are not willing to be responsible enough to save. For example, there’s a huge percentage of people that have nothing besides social security when they retire. The younger generations are even worse at it, being raised in the entitlement-attitude schools. What will we do with all the destitute old people?
...give them a Health Savings Account with the money they put in. 2 issues solved...