And privatization would work. There is no twenty-year period in American history when stocks lost money. That's not a spectacular return, but it beats waiting until we're sixty-five to rummage in the Silver Tabs for change to buy cat food. Privatization, however, will happen at about the same time Al Gore and Liddy Dole get naked and hook up. Thirty-eight percent of the federal budget is spent on Social Security and other social insurance.
Money is power.
Politicians would rather discard their spouses than discard two-thirds of their power. Some politicians would much, much rather. We'd need to pay attention, learn things, make difficult decisions. It did for Charles Ponzi. After he got out of jail, he went back to Italy and became a top economic adviser to Benito Mussolini.