sjfcontrol wrote:
That's easy to say, at your imagined age. I said that, too. It's different when looking at it from the other end. Trust me. Of course, if your right, then the problem will be solved after you spend most of your life paying into the system (thank you), and receive nothing "because the checks stopped".
If we do nothing, the checks stopping will be exactly how SS is finally ended. As for doing something about it, of course you couldn't have stopped working. We have to work. Heck, some of us even like it every once and a while.

BUT if people had been talking about needing to fix SS 20 or 30 years ago, and then voted accordingly, not joined AARP (one of the biggest obstacles to any sort of SS reform) and written to congress critters making SS an issue, we might have at least had some kind of effort to fix things in a way that would be the least harmful to everyone.
If it would have been tackled 30 years ago, it would have been like treating a broken leg, and setting it without anesthesia. Painful, yes...but necessary for the bone to regrow properly.
Now, I'm afraid its become such a problem that at some point we're going to have to look at cutting off the leg to save the rest of the body, and the excuse of "I was stolen from, so now I get to steal from you" just isn't going to cut it anymore.
As for anyone in my generation, All I can recommend is that we continue trying to fix or disable SS, and make our retirement plans with money invested elsewhere. Because every single person paying in should understand: There is no lockbox. That is not my retirement I'm funding. They're using that money to pay on promises they made to other people.
If SS was a retirement program a private company ran, people would be in jail. I don't understand why govt can get away with Ponzi schemes either.
As for an alternative to SS, I'd like to recommend this plan, if we can't just get govt out of the retirement account business entirely(which is what we should do). :
http://archive.newsmax.com/archives/art ... 3906.shtml