DigitalDave
Sexy Beast!
I agree you need to adjust SS, but its not a pyramid scheem. A pyramid scheem requires an expanding base by its defination, think of the shape a pyramid takes???
We need to adjust to account for increasing life expectancy, for example we should raise the retirement age to account for the increased life span of the average user. There are times when the base paying for the service will shrink compared to those using it, but that is temporary. There will also be times when the base will grow compared to those using the program. SOmetimes there will be shortfalls and other times there will be surplus.
Unfortunatly, the base did grow to a point where it was much larger compared to those using it, and everyone was happy while the government took that money and spent it on who knows what. Now that base is coming of age to collect, and they didn't produce enough babies. They needed to reproduce more! If every couple had 4 children, it would be fine, but every generation has to do that to keep the program working. Classic pyramid...