Here’s a Quick Guide to Fixing Social Security

These changes could easily balance the program for the next 75 years. But reaching consensus on the mix of reforms is the real challenge.

Social Security likely will move back to center stage after this week’s elections. The program’s finances have eroded bit by bit for years, drawing calls for change every year. But nothing has been done. Now Congress could continue kicking this can down the road. Or it could decide to actually tackle the problem and change things, most likely as part of a broader look that also includes Medicare and Medicaid.

With favorable prospects for a Republican majority in both houses of Congress, stories already abound about raising the retirement age, changing the annual cost-of-living adjustment or raising the ceiling on earnings subject to the payroll tax.

via Here’s a Quick Guide to Fixing Social Security | Money.com.

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  1. Want to fix Social Security?

    First, outlaw abortion. Since 1973, we killed 55 million taxpayers. No wonder tax revenues are down! Social security is a ponzi scheme, and we need new people to enter the tax rolls and keep the party going. When we run out of new taxpayers, the scheme will collapse.

    Second, conquer other countries and enroll their populations in Social Security. Again, SS is a ponzi scheme so we gotta keep getting more people in.

    Third, after we conquer every country on the planet and got everyone in Social Security, we must get a robust space program and conquer other planets, and get them into the Social Security program. Again, SS is a ponzi scheme so we gotta keep getting more people in.

    Yes, this is 100% tongue in cheek. Social Security is a ponzi scheme, the second largest ponzi scheme on the planet. The only way to fix a ponzi scheme is to shut it down. Otherwise, it will collapse. The question is not if, but when.

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