Social Security needs to be strengthened for our children and grandchildren — but the "solution" should not be worse than the problem. Present Social Security program funding will allow 100 percent of benefits to 2042. It is possible to make adjustments now that will pay 100 percent after 2042.
Private accounts could drain money from Social Security cutting benefits while passing a huge debt to future generations, our grandchildren and great-grandchildren. Two trillion dollars of such a debt would be the payment required of our children, grandchildren, and great-grandchildren.
That is how draining money from Social Security will slash benefits.
We can apply sound solutions now — that cause a real improvement, so we can honor our obligations to future generations. This can meet our responsibility to present and future beneficiaries for a reinforced Social Security — and avoid dismantling it.
James E. (Jim) Fisher
Soldotna
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