I support SS. The reality is it is impossible for the SS system to go bust unless people figure a way to tap in it before retirement age like SS disability and destroy it via government. There might be better models
http://www.cato.org/publications/com...rity-lesson-us .
Basically people put in 15.3% of their income and that money is used to provide a check in retirement. Medicare should be ended for the Japanese system providing retirees with a bigger check or lower the 15.3%. Since they never spend what they receive a hugh trust fund has been created $2.7 trillion, which is part of the national debt The government spends the money that comes in, and gives bonds with below market below inflation interest rates attached to them. That is how they are to raid the SS fund.
Morons always claim the fund will go broke due to unfunded liabilities. The reality is they could just cut benefits, Although I do not support Obama he was correct in that the payroll tax could be lowered without hurting current benefits.