2 ms·
Then most of the advanced countries already have this sort of system in terms of pensions or social security in the US. And based on discussions around strength
by RestlessMind 9y ago
Then most of the advanced countries already have this sort of system in terms of pensions or social security in the US. And based on discussions around strengthening social security, the solutions which are politically feasible seem to revolve around: increasing retirement age, reducing the benefits (by limiting COLAs), increasing taxes (by removing caps on salaries subject to SS taxes).
Any final proposal to improve SS budgets would be a combination of all three, but I don't see reducing retirement age on the table. So how would your proposal work in this political climate?