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We have certainly gotten ourselves into a mess which will take quite a bit of restructuring to address.
I like the idea of phasing out SS as an entitlement and allowing workers to own the capital of their savings. (Individual ownership has an added benefit of not being available for government "borrowing".)
We are going to have to bridge those who have been promised benefits and have no hope of earning enough to replace them. There is a ungodly amount of waste in the federal government - if we salvaged that money, we should be able to cover the bridge payments out of the general fund.
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