Social Security Reform – Disparate Ideas - InvestmentNews
By now, just about everyone has heard that financial troubles are on Social Security’s horizon and, thus, those troubles are also looming for current and future beneficiaries. Hard to miss that, considering the news is all over the media these days now reaching a crescendo of hysteria. While the problem is clearly visible the solution seems more elusive, although there is no shortage of ideas and suggestions on how to fix the problem. In this interesting Investment News article posted by Bloomberg News, several pundits weigh in on their favorite ideas for restoring Social Security to solvency, from supplementing the shortfall with general revenue, to modernizing the program to deal with the changed demographics driving the shortfall. These are only ideas – it will be up to Congress to determine how Social Security will be restored to solvency, a topic Congress is already acutely aware must be tackled soon. Click here to read more.