Social Security was the top question during tonight’s CNN/Tea Party Debate. Everyone admits that there are serious problems with Social Security and that the program, as it exists, it not sustainable for those young people who are now paying in to it.
At least one of the candidates has called it a ponzi scheme. Others would give young people the option of putting their funds into private accounts. There are many fixes out there being discussed. However, none of the answers address how you fund for the people still in the program. What needs to happen to Social Security and how can any candidate who wants to tweak Social Security get elected? The baby boomers are going to be a serious force to be reckoned with.
Anyone 50 to 65 is a baby boomer. That is a rather huge voting block. I simply don’t think anyone who seriously challenges the Social Security is going to be elected. There are too many boomers and seniors. The boomers aren’t nuts and they will turn up the heat on this issue. They have the numbers. They have been paying in to a system for a life time and it is going to be pay back time.
What would you do if you were running for president? How would you do the impossible?
