NOTHING can help Social Security if the government doesn’t first stop spending the money that SS collects and start investing it instead.
Whether bringing more payers of any kind into the system, or collecting more from each payer, the result is the same: it is just more “green blood,” drawn and spilt. That might help boost general revenue in the present, but at what cost later?
And, any such a plan would mean many more SS beneficiaries down the road. Adding beneficiaries CAN’T possibly help an already strained system. If the money won’t be there for the folks already in the system, it won’t be there for an even larger number - in spades.
This man (an old Army buddy of mine) says the solution is for the Philippines to become a state, thus gaining 80+ million new taxpayers:
The Philippines Should Become The 51st State http://www.useless-knowledge.com/1234/jan/article528.html