And before you ask, no..............

[BarryBobPosthole]

The one answer I liked from Huckaby was the one about means testing social security.

The answer to the social security funding issue is quite simple. First, pass a law that forbids the government from borrowing against the trust funds for any program outside of social security. We've borrowed about $2trillion from it for other programs so far. Second, means test the only portion of it that's not paid for and that is disability payments. A person on social security is only eligible to recieve it if they stay below a certain income level. That's not true for disability payments and that makes no sense for a 'safety net' type of insurance which is what all of social security is. Its also the fastest growing segment of social security costs and is the part of the trust fund that will run a deficit the fastest.

BKB

[Buckrub]

The one answer I liked from Huckaby was the one about means testing social security.

The answer to the social security funding issue is quite simple. First, pass a law that forbids the government from borrowing against the trust funds for any program outside of social security. We've borrowed about $2trillion from it for other programs so far. Second, means test the only portion of it that's not paid for and that is disability payments. A person on social security is only eligible to recieve it if they stay below a certain income level. That's not true for disability payments and that makes no sense for a 'safety net' type of insurance which is what all of social security is. Its also the fastest growing segment of social security costs and is the part of the trust fund that will run a deficit the fastest.

BKB

That's fine if you don't pay into it.
But if you buy insurance, you don't want the benefits paid only to the poor.

[BarryBobPosthole]

That's fine if you don't pay into it.
But if you buy insurance, you don't want the benefits paid only to the poor.

I'm not saying pay it only to the poor. I'm saying do it just like we do social security: means test it until you reach full retirement age. Its the segment that is on disability and under full retirement age that's the fastest growing segment of disability insurance beneficiaries. Why should We pay a 50 year old SS Disability if he's making above the SS income threshold? ($15000)

BKB

[Buckrub]

I'm not saying pay it only to the poor. I'm saying do it just like we do social security: means test it until you reach full retirement age. Its the segment that is on disability and under full retirement age that's the fastest growing segment of disability insurance beneficiaries. Why should We pay a 50 year old SS Disability if he's making above the SS income threshold? ($15000)

BKB

I guess because he was forced to buy Disability Insurance as part of his forced SS payroll tax for years.....................