This has been a hot topic for as long as I can remember, Every President in the last 20 years has vowed to fix social security. To date none have ! How do you fix a system that is so far in over it's head ? What I don't get is how it is even in trouble in the first place. Social security was created to care for our seniors in their golden years because they would not be able to work to support them selves. We need social security it is the only system that we have to care for our seniors. The debates on this topic and the reasons that it is in trouble are all valid, all but one. Our government has stated that social security is in danger cause there are more people reaching the retirement age then ever before. I will say yes to that each year millions of Americans reach the target retirement age. But please correct me if I am wrong here but hasn't the number of people in the United States increased each year as well?
I am willing to bet that each year there are more people joining the work force then leaving it. Not only are there more Americans joining the work force each year then there are that retire, but there is also the hundreds of thousands that work here and pay taxes and are not eligible to collect social security cause they are not Americans.

Here is what I would do, first I would be smart enough to say we can not fix the social security system we have in place now. There is just no way, but since social security works kind of like a pyramid scam where we use the social security taxes of working people pay today to give benefits to those who have retired yesterday. In essence we are robbing Peter to pay Paul in the end Peter will run out of money. We need a new system one we can start from scratch one that will serve all those who will retire in the next 20 years. How do we do that and still pay out all we have to now? I don't think it would be that hard. First we group every single person who is collecting social security right now in one group. We then figure out how much we are going to need to meet our obligations to that group every year. Lets take a few round numbers here, Lets say there are 1 million people collecting social security right now at a cost of lets say 1 billion dollars a year. Where can we get that billion dollars a year from with out touching the social security taxes people are paying today? Well we can do that with taxes. No not raising taxes but rather using the taxes we already place on our working Americans. We tax everything and pool those taxes to help run the government, we need to stop that. Lets just say for an example we use the taxes we collect on toilet paper to help fund this endeavor. We already collect a sales tax on that item all we have to do is change it from a sales tax to a social security tax. We are all already paying that tax so we would not even feel it. I know toilet paper really? Yes really we need to make sure we use the taxes from things that we can not live with out. And unless you're a bear in the woods you need toilet paper. I can hear you all now by taking the taxes from that and using them for something else we are just short changing another area of government, Come on people we all know that if every dollar the federal government spent was looked at a lot closer we could find savings. Even I know it does not cost $100.00 for a hammer.
Keep in mind and this will be hard to read for some but this is not a forever program. With each passing year the amount we will be doling out in social security to this group will decrease as they pass away. The taxes we are still collecting from the working people today will be used to fund their social security in 20 years. As it stands we are just playing catch up every year and every year we are falling farther and farther behind. The government has been trying to fix social security forever now it's time we think out of the box.