Payroll taxes could be eliminated. Deficit-cutting hysteria would end. Benefits could be raised, not cut. Retirements would be secure. Medicare for all could follow. So could other benefits. America's social contract would be strengthened.
The Times highlighted a third option instead. Limit annual cost-of-living adjustments, it urged. Inflation-adjusted benefits currently decline annually. They do it substantially. The Times suggests cutting more.
A fourth option stresses it. Lower "initial benefits for workers whose lifetime wages (exceed) the national ($43,000 a year) average."
Perhaps discourage retirement. Make it "an option." Delaying "reform" assures "more disruptive" changes ahead.
Times readers are betrayed. Social security didn't cause deficit problems. Benefits shouldn't be cut to address it. Privatization should be ruled out. So should means-testing. Retirement age shouldn't be increased.
Greater revenues are easily raised. Institute progressive taxation. Make everyone pay their fair share. Make corporations do it. Increase benefits. Don't cut them.
Prioritize helping those most in need. Assure no one retires impoverished. Provide Medicare for all. Everyone in. No one left out.
Good governance isn't rocket science. It's as simple as doing the right thing. Times editors didn't explain.
Wealth, power and privilege alone matter. Let popular needs go begging. Bipartisan complicity plans it. Media scoundrels support what they should condemn.
Stephen Lendman lives in Chicago and can be reached at Email address removed .
His new book is titled "Banker Occupation: Waging Financial War on Humanity."
Visit his blog site at sjlendman.blogspot.com and listen to cutting-edge discussions with distinguished guests on the Progressive Radio News Hour on the Progressive Radio Network Thursdays at 10AM US Central time and Saturdays and Sundays at noon. All programs are archived for easy listening.