this post was submitted on 26 Nov 2023
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A Boring Dystopia

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[โ€“] [email protected] 88 points 1 year ago (1 children)

No, it isn't. That's bullshit, a talking point designed to get you to give up on supporting it politically.

But do you know what would help it in actuarial terms? 2 things:

  • raise the federal minimum wage

  • remove the cap on income subject to the social security tax

When suppressing wages became a bipartisan affair, it hurt Social Security just as much as it did workers on the low end of the wage scale.

[โ€“] [email protected] 1 points 1 year ago

Also make the SS fund separate from the general fund and make the general fund (aka the military) pay back what they took from SS originally.