That's right, everybody. Social Security is in major trouble, and if we don't do something about it, the system will be bankrupt (by which we mean 'running at 3/4 capacity') by 2052. or even... 2042! I'm running out of exclamation points.
Of course, we could simply re-institute the taxes on the wealthy that Bush repealed, which would leave the system solvent until about the end of the human race, but that would be too easy.
George Will put it nicely: "Try to explain to a kid who can choose from 10,000 songs on his iPod why we shouldn't privatize social security." It's quite a challenge, especially as the two things are totally unrelated. But if there's anyone who understands the youth of America, it's George F. Will.
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