General Discussion
In reply to the discussion: True Democrats don't work to slash Social Security. They don't. Not Ever. [View all]Honeycombe8
(37,648 posts)but with the baby boomers starting to retire, things are going go belly up with Soc Security in a decade or so, I read.
This happens every decade or two. Social Security is tweaked, and it remains solvent. Until the next decade or so.
This is what I seem to have noticed over the years. Now, with the baby boomers retiring, the problem is going to be bigger than before. We can't tax our way out of it, I think.
Some tweaking will have to be done, I'm sure. But I don't call that slashing. I'm in my 50's. I will desperately need every penny of my Social Security benefits, when my time has come. But I'm not willing to take my benefits and risk those who come after me losing theirs or their cuts having to be drastic because I wouldn't accept anything being done.
There are various ways to fix it. They don't have to all be only the way you think it should be. Reasonable people can differ on the solution.