You must have skipped over reading the stat that only 1.7 workers is paying in for every person collecting. This is unsustainable. No system can be "run" that counts on 1.7 earners to pay for each person collecting. Try this out. Imagine if you and your wife had to adopt and pay for all expenses for some homeless guy. Imagine every working couple in the USA had to do this. How would you save for your own future, afford your own house, pay for your own children? See, it doesn't work. No system can work when you don't even have 2 people working to pay for each person taking.
You must have skipped over reading the stat that only 1.7 workers is paying in for every person collecting. This is unsustainable.
They will end up taxing every dollar that people make. That will make it sustainable for sure. Mark my words that is what the conclusion will be. There is no way that putting it in the stock market is going to go over for most American. It is putting every egg in one basket. Right now people’s 401K and investments are in the same place. Right now old folks are living on SS because their 401K and investments are practically ZERO.