I agree. And I was surprised by what a small difference it would make, since it’s always ranked up there with increasing the retirement age to assure solvency.
The big issue is Medicare, and I think the right free market healthcare reforms would go a long way in bringing down those costs. The system as is is out of control.
I said somewhere else, on another thread somewhere on SS/Medicare, that all my assertions did NOT apply to Medicare. IE...even though I paid 1.3% os thereabouts (WITH an employer match which I always must point out as people forget this) all the years, unlike my payments of 6.2% (WITH the employer match)for SS which should be enough for what I withdraw...in the case of Medicare I’m quite sure that what those on it today will probably pull out will be waaaay more than they paid in, even considering an employer match. This is mostly because of a longer life span but the cost of health care, as we all know, has skyrocketed.
Medicare, in other words, is a problem.
I’m with you. Give all Medicare recipients a voucher and let the free market take over. I’m willing to bet the free market would get health care costs down, yeah even for the elderly.
Not that any common sense solution will happen, damn we can’t even count on the Republicans to make it happen.