Alarmists would have us believe that social security is in dire straits and in imminent danger of collapse. This is not the case at all according to most experts who I won't bother to link to, but you can find them. Will it have to be tweaked -- yes, just as it has had to be tweaked dozens of times since its inception, otherwise you would still top out at a seventy dollar a month benefit, and hardly any of your income would be subject to ssa tax. An easy fix would be to raise the amount of income subject to the tax, but the current political climate is not conducive to such a common sense solution. The political clout of the baby boomers should be strong enough to keep any drastic reductions at bay. The biggest problem is Medicare, as the result of double digit medical inflation, liability costs, and rampant fraud. The Affordable Healthcare Act made a stab at controlling some of those costs, but by the time all the special interests got their ingredients stirred into the mix, it was probably neutered and ineffective at accomplishing anything positive
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Oldcoach Ed
"You cannot direct the wind, but you can adjust the sails" "Be yourself - everyone else is taken"
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