Question we should ask those who advocate for raising the retirement age.

[Honeycombe8]

12. "They" say that there aren't enuf younger workers to fill the jobs in the future.`

So cos. will be forced to hire older people.

But I've noticed an increase in work visas, and then of course there's the outsourcing that's going on.

It's a problem. Because of course, SS will be running out of money in about 10 yrs, and the country will have to borrow to pay the SS benefits. Raising the ceiling wouldn't solve the whole problem, is what I've heard. And I'm not so sure that's fair...to raise taxes so much that it a sure thing that those people will never receive the benefits that they paid in. That wasn't how Social Security was set up to be run. It was "you pay in....you get back" program.

So it'll probably end up being...raise taxes a bit more, raise the "full benefit" age a bit, cut the amount benefits that are rec'd by all.

There's no good answer.

Part of the problem is that SS is paying for things that it was never set up for, like disability for younger people. That's a benefit that no one would like to see go away, but SS was not set up to pay for that.