Well, it’s pretty obvious what will happen. After all these years of paying exorbitant tax rates to keep the old geezers who support the AARP happy, the retiring Boomers and the generations after them are going to get the shaft. These Ponzi schemes are coming to a screeching halt. If a private company had set up this stuff, the founders would all be toted off to jail.
It’s easy to solve the SS and Medicare crises, and this is how they’ll do it. Just raise the age of eligibility for benefits to 106! Dont bother to thank me.
Actually, when SS was conceived, the average lifespan was lower than the age at which the benefits kicked in. I think that paradigm should continue. The age of eligibility should be two years higher than the average lifespan.
They will let both of these become total disasters, then they, with the help of a compliant press, will suddenly become obsessed over the problems and propose and pass completely socialistic solutions.