more on the debate: social security

I didn't like Obama's failure to correct the characterization of social security as an imminent failure. That's only true if Social Security is an insurance plan and not a general entitlement program. Social Security taxes are paid directly into the general fund, and payments are drawn from the same. Keeping Social Security "solvent" is no more difficult than funding any other program. If you want to make it truly self sustaining, all you have to do is raise (or eliminate) the income ceiling that allows high earners to pay social security tax on only a portion of their income.