“IOW, current retirees have no problem screwing their kids.”
Well the are Baby Boomers, many of them.
Anyway, I prefer raising taxes as opposed to piling on even more debt...taking us that much closer to doomsday.
But the best solution, of course, is to make Social Security MEANS-TESTED. Tell people the truth - it was NEVER a savings plan, it was just a tax that you paid - it all went into the general fund and it was all spent as it came in. So IT’S GONE.
That leaves us having to figure out what to do about old people, and that’s where means-testing comes in - if an old person doesn’t need it, they don’t get it. That simple.
Interested in how this would be done, based on income, assets, or....?