From the viewpoint of the worker, Social Security is a volatile equity anyway. Will it not be paid in US dollars? Whether we like it or not, there are absolutely no guarantees. Social Security is nothing more than a promise, and at this point it looks like a promise that cannot be fulfilled. The productivity of American workers has grown beyond what we could have imagined, but it seems unlikely that a ratio of two workers per retiree can ever be supported. Why not broaden it in some way? The ideological purity of the Democratic Party on this issue is very frustrating.
From the viewpoint of the worker, Social Security is a volatile equity anyway. Will it not be paid in US dollars? Whether we like it or not, there are absolutely no guarantees. Social Security is nothing more than a promise, and at this point it looks like a promise that cannot be fulfilled. The productivity of American workers has grown beyond what we could have imagined, but it seems unlikely that a ratio of two workers per retiree can ever be supported. Why not broaden it in some way? The ideological purity of the Democratic Party on this issue is very frustrating.
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