It's important to note that Social Security and Disability is not a volunteer program. It is forced on all workers. But there are common sense solutions without running a hate campaign on boomers.
Solutions
The good news is that many policy solutions are available to address this predictable challenge and improve the financial outlook of Social Security. The Congressional Budget Office has published a report containing thirty options for improving the long-term stability of the program. Examples of reforms include: reducing annual cost of living adjustments, increasing payroll taxes, lifting the income cap on payroll taxes, reducing initial benefits, and raising the retirement age. The Bipartisan Policy Center also published a major report outlining options for strengthening both Social Security and overall retirement security.
Importantly, if policymakers act sooner rather than later, they will have more and better options, which can be gradually implemented to reduce the impact on current and future beneficiaries. Conversely, every year of delay and inaction limits options and makes reform more difficult, which will require larger benefit cuts, higher taxes, or both.
For their basic financial planning, the American people need to know well in advance what benefits they will receive in retirement.
The math is simple, and the consequences of inaction are clear. Policymakers should work together to stabilize and strengthen this important program for generations to come.
https://www.pgpf.org/analysis/2017/07/trustees-warn-social-security-in-financial-trouble