Beto advocates raising retirement age and means testing for SS

[customerserviceguy]

119. That discussion

would involve many things needed to keep the Social Security System afloat. Back in the 1980's, we had reductions in some types of benefits, such as no longer paying for children of deceased workers all the way through college, etc. And we had tax increases, too, as well as the gradual ratcheting up of the age for full retirement benefits.

Any 'fix' for Social Security would involve most or all of the things that were done three and a half decades ago, but since some of those things are absolutely unacceptable to people from all parts of the political spectrum, we probably will not have that discussion until it's way too late, if at all.

I hear a lot of millennials grousing about having to pay for the Baby Boomers, the brunt of the 1980's changes were borne by the Boomers. We got hit with rising tax rates, rising caps, and rising full retirement ages more than any other generation. Had we been able to shut down Social Security reform, there wouldn't be a system to talk about today.