[Extremely Extreme Extremist]

What does the author mean “you can’t privatize it?”

You keep the program in place for existing seniors age 60 and older.

You roll those who put their money into the system (age 30-60) into an IRA or 401(k).

You give those age 29 and under a $2,000 tax credit to invest in their own IRA or 401(k).

Massive economic growth combined with cutting spending will take care of the rest.

[Eric Pode of Croydon]

You roll those who put their money into the system (age 30-60) into an IRA or 401(k).

Do you know how much money this is??

It's not in a vault somewhere, it's going to pay the monthly checks of current retirees.

Your first and second steps can't happen at the same time, because it's the same money. THAT'S THE PROBLEM.

[mac_truck]

You keep the program in place for existing seniors age 60 and older.

Nice try...but if you want parity across generations than every generation needs to take a hit.

[Ghost of SVR4]

I think the problem lies in the fact the politicians already spent ALL the money for the 60 and over crowd. The 30-60 crowd is paying for the 60 plus crowd.