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There is nothing wrong with social security. It’s Medicare and Medicaid that is a budgetary black hole that you can’t close
by throw9away6 3y ago
There is nothing wrong with social security. It’s Medicare and Medicaid that is a budgetary black hole that you can’t close
- patmorgan23 3y agoThe only thing wrong with social security is that the FICA ceiling isn't inflation adjusted. Eliminate or automatically adjust the ceiling and everything will be fine
- dragonwriter 3y ago> The only thing wrong with social security is that the FICA ceiling isn't inflation adjusted. The FICA ceiling is adjusted annually, by the Social Security wage index (not a price index); historically, this has usually risen faster than inflation. (This is also the index used when aggregating contributions over different years to determine benefit eligibility, though post-retirement, benefits adjust by inflation.)