End it the fair way-calculate the total amount paid in by anyone who isn’t getting SS yet, give it the current rate of interest and write us each a check for the amount plus the interest we each paid in. I’m pretty sure that you and I, and most everyone else could invest that amount and get a much better interest rate on our own. I’d rather trust an investment that I make with my earnings, wouldn’t you?
But I’m sure most people would rather just keep giving the government money to throw away-SS isn’t protected, you know-it is in the general (slush) fund, and is raided every time daddy govt needs money-we allk know what happens to banks or investment firms who do that...
50 million boomers at 250k per Boomer is
12.5 trillion dollars.
That would double the national debt, leaving non-boomers debt to GDP ratio of 250 percent, and putting the US into a death spiral.
That’s not exactly ‘fair’, is it?
End it outright - no repayment.