Re:Americans Are Putting Billions More Than Usual in Their 4...
by awinder on Thursday January 05, 2017 @02:00PM
(#13330223)
The downstream effects on consumer spending would absolutely result in this being fixed. The alternative is large numbers of people going bankrupt and that's going to hit several sacred cows in this country, particularly housing. There's lots of reasons that I'm damn near convinced that SS will still be around, principally that the gap is actually not that bad if it's dealt with in advance so that the trust funds can take advantage of compounding interest. But even absent that, the fact that corporate america is going to be Victim #2 almost guarantees a fix.
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