Reply #26: Most people don't understand what needs "fixing" in Social Security....... [View All]

[suston96]

The problem will be some 80 million baby boomers retiring and hitting the SS system faster and in greater numbers than the increases in population that join the work force.

Not all those 80 million jobs vacated by the BB retirees may be filled because they may be eliminated. Meanwhile, the increased population, presently at 300 million, will need more new jobs because, well, people have to work.

Hillary Clinton wants these matters studied because no matter if those wealthies are taxed above and beyond the present salary cap, the economy - jobs - have to grow. That's why she wants a "commission" to study ALL the facets of the forthcoming problem with Social Security.

If the economy grows and the jobs grow and are filled by new workers, the problem may resolve itself.

And instead of laying a tax - which is what raising the cap would mean - on those in the upper brackets, repealing the Bush tax cuts would be much more beneficial to the nation.