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ajm3s writes:

in response to 1Paradiselost:

Fact! Currently the program is solvent until 2033. Some of you have been sold a pack of lies by the right wing tea party.

If you think there's a problem, It's simple.... Change the Social Security max cap from $106,800 to $250,000, DUH!

Then the problem is solved... FOREVER!

Below is the current math.

http://www.ssa.gov/oact/trsum/index.html

"lies by the right wing tea party"

I suspect the lie you are referring to is the claim that SS is insolvent. Interestingly, you quote a fact, "the program is solvent until 2033" and cite the SSA.

Well, it is great to review the facts, but bear in mind any program that has a date stamp as to solvency, you need to ask yourself, would you ascribe to such a program if you are say, just starting your life as a working member of society.

For myself, a supporter of limited government and fiscal responsibility (tea party type hype), I would consider it a problem that SS has a date stamp as to solvency, because any financial plan with an insolvency date by definition is an insolvent financial plan.

But I guess it is just "lies by the right wing tea party" irregardless of actuarial review with no ideology.

Why do you mix ideology with sound actuarial review that clearly states the plan by design is insolvent and they have a date by which it will run out of money. And what is more incredible, this is a plan that many Americans rely upon as primary retirement income.

Sorry Paradise, I agree with most of your retort, but you seem to feel this is a tea party lie, when in fact it IS a problem is NOT being solved. And yes the solutions are simple, but again, your claim that the program is solvent, could be construed as a lie, from the perspective of an actuarial.

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