Wednesday, January 19, 2011

Contrarian's Corner

Counterintuitive solutions to the problems facing America.
Fixing Social Security
1. Remove caps on S.S. contributions for High Incomes. No reason that Bill gates should be paying the same amount as a middle class family.
2. Increase every ones  S.S. contributions a little bit, maybe a percentage point or two.
3. Increase the retirement benefit.
4. Lower the retirement age.
They last two steps would hopefully encougage more older workers to retire early and get them out of the way of younger workers. Which is why the young might be willing pay a little more in Social Security.