Is the cost of social security too high

Question

Hey guys I don't know much about this so don't get mad. Is the cost of social security too high. if it is, what causes it to go up and down, and what can we do as Americans to make it affordable for everyone? Any website would be helpful too.

Answer 1

It's basically a scam.  

There is no actual saving for your retirement, you're always paying towards someone else's retirement.  Once the large baby boom population starts retiring, social security will either go broke or force us to communist level tax rates.

Answer 2

IDK

Answer 3

social security had plenty of funds to give back what workers had put in over the lifetime of their employment,with interest accumulated ,but Pres .Clinton  put it in to general fund and the politians help themselves to the money, now they are left with no money in SS#  and wheather is will survive ,politians stealing  remains to be seen,,,,