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"Problem is no politician has the guts to talk about putting the system into actuarial balance "

Thats not the problem. The problem is Social Security IS NOT FAIR. To be fair everyone should be given exactly what they have put in over their lives and be allowed to do anything they want with it.

If your actuarial tables say no one gets any money till they are 72, is it fair to make people who die before that pay for people who live longer? Why do only the long lived win the lottery. If you want to do it that way we should insist that those who are overweight or who smoke or have a family history of heart disease and therefor won't live long enough to collect should get a monthly allowance while they are still alive from those who will live long enough.

THAT WOULD BE FAIR

PS. quit talking about interest and inflation. There is no such thing when discussing SS. No funds are earning interest, and no inflation adjustments will be made that are not politically motivated. Inflation adjustments are no more automatic than a political election. As the votes go so goes inflation adjustments. Heck, SS could disappear entirely tomorrow. We would be better off if it did.

i agree current system is not fair ...

If your actuarial tables say no one gets any money till they are 72, is it fair to make people who die before that pay for people who live longer? NO, THAT IS THE CURRENT SYSTEM ... that we should phase out of ... but that would take about 60 years ... UNFORTUNATELY, the current system CANNOT BE ENDED OVERNIGHT

until you phased in a private system where you own the funds.! You die ... and funds remaining would get passed on to your beneficiaries.

My generations is screwed as far as the Socialist Insecurity program is concerned ... however, it doesn't mean I want to screw my kids and grandkids generations even more.