A Win-Win Proposal to Fix Social Security

Everyone knows Social Security is broke and broken. According to the latest OASDI Trustees Report, Social Security has been paying out more than its total revenue (payroll taxes and trust fund) since 2021, and the latest projections have the Social Security trust fund depleted by 2033. After that date, it will only pay 79% of scheduled benefits if significant changes aren’t made.

Reform, however, is well-nigh politically impossible. Old people are the most reliable voting bloc. No sane...