As I Have Said Many Times

over the past 25 years or so and on this blog, Social Security isn't broke, isn't broken, and it doesn't need any kind of drastic fix at all.

After all, those "projections" of a "shortfall" in 2041 or so were based on pessimistic scenarios not indicative of actual economic growth. Not only that, but many if not most of the Baby Boomers will have croaked by that time, and therefore the system may never need a fix.

The only way the program could EVER be broken is if Congress follows the lies of the Cato Institute and their ilk and try to privatize it or try some "means-test" scheme.

It will never happen.

I agree with the writer the program could be expanded, especially considering defined benefit and defined contribution plans are going down the tubes.

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