It WILL happen.
I did not claim that raising the tax on benefits would solve the problem.
I did not claim that increasing the amount of wage earnings subject to the payroll tax would solve the problem.
I said it would happen, and it will happen.
One of the REASONS kicking this can down the road is necessary is this:
WE HAVE TO WAIT UNTIL ALL OF THE PEOPLE WHO THINK FDR AND LBJ ARE SAINTS, ARE DEAD!
Politically, the old guard Democrats want to blame the problems on thousands of other causes, rather than the fact that we are all living longer.
Obama will form a commission this year to study the subject as he promised during the campaign. I see nothing happening on the issue until after the 2010 mid-terms. The Dems will seek a bipartisan solution just like was done in 1983 between Tip O'Neil and Reagan. It remains to be seen if the GOP will show some courage and fight for a long term solution to the problem, e.g., personal accounts.
WE HAVE TO WAIT UNTIL ALL OF THE PEOPLE WHO THINK FDR AND LBJ ARE SAINTS, ARE DEAD!
ADD OBAMA TO THE LIST. IF WE HAVE TO WAIT THAT LONG, THE DEMS WIN. THE COUNTRY WILL BE TOO FAR DOWN THE ROAD TO SOCIALISM. NATIONALIZED HEALTH CARE WILL PUT THE FINAL NAIL IN THE COFFIN. YOU DON'T REVERSE GOVERNMENT ENTITLEMENT PROGRAMS EVEN IF THEY BANKRUPT THE COUNTRY.