What's the answer to saving/fixing Social Security?

[watsup]

Oh, and BTW - SS is already means tested in a way.

Make over a certain threshold and 50% of your SS benefit becomes taxable. And the threshold is very low.

Trip and also low very low threshold and the taxable percentage goes up to 85%.

WW

Warren Buffett doesn’t need his Social Security. Neither does Trump. Neither do hundreds of thousands of other millionaire recipients.

 

[WorldWatcher]

Withhold Social Security until assets drop below a certain level.

So no plan, no numbers.

Just bumper sticker.

WW

 

[Helix]

No, we need to vote out Republicans AND Democrats who vote alongside Republicans and use them as a heat shield.

And we should vote in a Progressive President who will treat the Republicans in government the same way as Trump treats the Democrats: Like the enemies that the they are.

I doubt that there will be anything near a perfectly progressive option. The Democratic party needs a platform, though, and that platform should include fixing SS through increased funding at the very least.

 

[Checkerboard Strangler]

It makes no sense that adjusting the income cap is viewed as against the laws of physics, like "crossing the streams" in Ghostbusters.
Every few years #SocSec needs to do what any good actuary does, adjust the cap to keep up. I am sick and tired of being sick and tired.
In other news, water is wet. Film at eleven.

 

[watsup]

So no plan, no numbers.

Just bumper sticker.

WW

The numbers can come with some study. I see you have nothing but “nuh-uh”.

 

[Tensor101]

Is anyone opposed to an increase in the FICA tax to support and fix social security. I'd be fine with a percent or two and an increase of 1 year more to take the benefit.
Any other plan that may work?

It's simple my friend. Republicans need to reduce taxes less thereby reducing the need to further reduce government spending. Then we can keep
medicare, medicaid, and the rest. Makes everybody happy. Y/N?

 

[Tensor101]

SS has an actuarial problem: there are fewer current workers (contributors) per current beneficiary and current beneficiaries are living longer (thus collecting benefits for more years).

Just a minute, think about this. AI has the ability to eliminate any white collar job right out of the box. The only jobs it can't do are those that require
manual intervention like, jack hammers working in the street, ew-stock the shelves at the local grocery. etc. But, those robots are not far behind. Then
humans will have nothing to do except drink pina coladas by the pool. But, they have now way to earn a living so the government will have to give them
a stipend each month so they can live. But, that's Communism. Y/N?

 

[aociswundumho]

Just a minute, think about this. AI has the ability to eliminate any white collar job right out of the box.

If that were true we would see a massive spike in the unemployment rate.