R:E Algore preached about the “lock box” for well over a year way back in 1999
One of the few things I agreed with Al Gore.
Too bad he was one of the guys in congress stealing it from the lockbox?
The lock box is nonsense. It wouldn’t fix SS. The problem is the change in demographics—a pig going thru a python—that makes SS unsustainable. The number of retirees will double in the next 20 years while the number of workers supporting the system goes to just two workers for every retiree. We need to raise contributions and/or reduce benefits to keep the current system going.