GW was always promoting the idea of a 401k-type of SS retirement, and could never get anyone to listen. So yes, the system would have to collapse for it go get fixed, I think.
Unless Trump takes it on. He is the only one I know with the backbone to push it through. To do it, though, he needs a second term.
“GW was always promoting the idea of a 401k-type of SS retirement, and could never get anyone to listen”
Because it was going to be an investment account and HORRORS the Evil Wolves of Wall Street would get a cut.
And the drones at the Social Security Administration would no longer have any demand for their “services”.
The index parameter that all President’s and Congressmen should be judged by is the average equity per citizen. If the State is like any other corporation, and the citizen’s its shareholders, that’s what the metric should be.
Only Don Trump would measure up.
Trump is openly hostile to entitlement reform. He’s not going to be the one to fix it.