- Fix the payroll tax rate. This is a "pick-a-number" exercise so I will open the bidding at 10% ( a nice biblical tithing number). This payroll tax is all inclusive, Social Security, Medicare, Obamacare whatever.
- Limit annual expenditures on the programs to "taxes raised."
Voila! The unfunded liabilities that generate the scary numbers have vanished. And so has the "free lunch." The pay-as-you-go, (aka the Ponzi scheme) has been revealed.
Now, let the voters decide.
What is going to happen, unfortunately, is
Medicare will Collapse
Social Security will Collapse
Medicaid will Collapse
Any Worth, other than
Property, Food, Will to Keep Them
and more important,
Information and Creativity
Will cease to exist