Why not raise the eligibility age to 90? That would solve our fiscal problem for a long time. SS is quite a system now. You can contribute to the system for 50 years and not collect a dime except a small burial allowance.
Tell me about it. Having put in a few hundred grand myself, I'd hate to lose that money. Ideally, we would phase it out by gradually raising eligibility requirements. At the same time, a ponzi scheme like this has to end eventually. Getting more than you contributed only works if more and more suckers join the tax rolls. Current birth rates are just at replacement levels, so increasing numbers of suckers aren't signing up. And getting low-skilled immigrants into the country only adds to rather than subtracts from the tax burden.
except a small burial allowance.
Not needed. Turn seniors into food.
See post #50