Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Bill who wrote (1554360)	8/23/2025 3:16:01 PM
From: Tenchusatsu	Read Replies (2) \| Respond to of 1570918

It's been 25 years since George W. Bush proposed a partial privatization of Social Security. I'm still a proponent of that, but it SHOULD have been started back then. It's too late now. We're gonna have to save Social Security now by dividing up the burden. It'll have to be via a combination of the following: An accelerated annual increase in the FICA cap (at least until the SS books are "balanced") A raising of the retirement age Cuts in benefits, especially to the higher tiers (can't cut what was already promised, but we can cut future promises of benefits) Everyone will have to feel the effects. Everyone needs to have skin in the game. No more passing the burden onto people making over $400K/year. No more fantasies like "Oh we can cut $2T of fraud, waste, and abuse," then make up for the broken promises with disinformation. Until people actually FEEL the effects of deficits, no one will do a thing. And until you Baby Boomers admit that you really fukked up this country's finances, you can't expect us GenXers or the Millennials to take any responsibility. Tenchusatsu