Thursday, November 6, 2008

Social Security

One of the key reasons for the projected shortfall in Social Security is that as a large portion of the population retire there will not be enough payers paying into the system. Here is my solution. Instead of basing social security benefits on your earnings over your life it should be based on the number of children you have had. This would create an incentive for people to have more kids i.e. create more payers into the system. It would also give some economic benefit to the stay at home moms with a pack of kids that I talked about in my last post.

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