My Political Wish List Social Security – stop the - TopicsExpress

My Political Wish List Social Security – stop the confabulation of the Social Security surplus with the federal government’s general fund deficit, by passing separate trust fund budgets for this and other trust fund programs. Recalculate Social Security benefits based on an ongoing 40-year projection of solvency, the normal 12.4 percent payroll tax, and middle of the road actuarial assumptions. Exempt persons aged 75 or older from benefit cuts to maintain the system’s solvency. In deflationary times, consider using quantitative easing (i.e., electronically printing money) to top up the Social Security funds and to reduce the necessity for benefit cuts.

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