Ruth Marcus has a really balanced synopsis.
I have an idea, an "income singularity year" for Social Security benefits, starting now.
Each generation gets means-tested for one year (based on some sufficiently long period of income, so that it cannot be gamed).
I wonder what the impact of that would be. (I mean apart from those who would probably immediately want 2 years and more, once they got one year...).
As for worrying about a 75-year actuarial balance ... Ruth, I'm more concerned about winning against the microbes, I think, in the meantime.
Saturday, December 1, 2007
Social Security
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