Originally Posted by Htown Harry
The "problem" is indeed manageable. The paper notes +1% increases in the employee and employer rates would erase the future deficit immediately.
But politicians are afraid to even restore the 2% holiday, much less increase another 1% or 3% total. They know a large chunk of the electorate will pummel them if they even talk about touching SS much less actually doing something.
And I have a hard time compartmentalizing SS, knowing that we have large deficits and Medicare won't be as easily solved cost wise. We need to come to grips with entitlements (or whatever word you prefer), to preserve them at a sustainable level.