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Politics : The Obama - Clinton Disaster -- Ignore unavailable to you. Want to Upgrade?

To: Wayners who wrote (34313)	7/26/2010 1:42:40 PM
From: DuckTapeSunroof	Read Replies (2) \| Respond to of 103300

Re: "and it is going to fail." Maybe not. If you remove the income cap on it then the Social Security trust fund moves into actual surplus that persists out beyond the limits of economic forecasting ... out past 2050 for sure. And if you simply raise the cap a bit you quickly cover some 80% to 90% of the projected shortfalls --- leaving the rest of the shortfall fairly easy to fix by such expedients as moving the retirement age gradually out (over the decades) by a couple of months. Means testing some portion of the payout would also balance the fund quickly.... So, by no means is the problem insoluble.