Nevermind is government is not supposed to be involved in this type of social engineering in the first place.
It's how libs work. It shouldn't be there, they forecast these crazy scenarios that go way over budget due to the typical government inefficiencies, they hit unforseen troubles and costs explode. But now that it's in we need to pour more money into it instead of phasing it out.
Let's make the above moot.
"If..." is hoping for government to do the right thing in a timely manner? LOL.
What did the impeached perjurer, Bill Clinton have to say when president?
"[I]f you donít do anything [with Social Security], one of two thingswill happen. Either it will go broke and you wonít ever get it, or ifwe wait too long to fix it, the burden on society Ö of taking care ofour generationís Social Security obligations will lower your income andlower your ability to take care of your children to a degree that mostof us who are parents think would be horribly wrong and unfair to youand unfair to the future prospects of the United States."
- President Bill Clinton, February 9, 1998
FSO Editorials: "Will Social Security Bankrupt America?" by Ronald R. Cooke 02.15.2005
Social Security payments started in 1940 with 1 beneficiary per 600 workers. By 2033 it looks as though there will be 1 beneficiary for every 2 workers. Our Social Security "surplus" is projected to begin its inevitable downward trend in 2009. By 2018 Social Security will be running an operating deficit that will increase with each passing year. There won't be enough worker income to pay for the beneficiary outgo.
How did we get into this financial mess?
There are three basic reasons.
Problem One: Demographics.