USA Inc. A report looking at the US Government as a business, by Mary Meeker
kpcb.com
kpcb.com
- Raise the Social Security retirement age to 73 while raising SS taxes by nearly 2%
- Reduce Medicare benefits while raising taxes to fund the program by nearly 3%
Both are perfectly reasonable financial suggestions but the political will to accomplish them just doesn't exist. I'll go on record as saying every problem the USA has could be solved if you can find a politician who can sell raising taxes AND cutting services at the same time. But I don't think the person is out there.
Meaning these suggestions have no hope of being implemented and are largely just a mental exercise.