I have enough faith in the abject pragmatism and nihilism of this country to realize that our Social Security “problem” will likely be fixed through two approaches: (1) massive inflation of the U.S. dollar, and (2) euthanizing the elderly.
I think that you are saying nothing will be done so our living standard will be greatly eroded. Medicare is in a much worse situation than social security so rationing health care is a very real possibility. An eroded standard of living will lower life expectancies. Unless the rats gain firm control, they will not be able to ram through massive tax increases. Benefit reductions, directly or indirectly, are a certainty. The problem with a massive tax increase is that most of the money will fund other programs just increasing the size of the government even more. If privatization is not on the table, I prefer no action.