(Daily Finance) The long-term Social Security crisis may be taking a backseat to more immediate concerns like jobs, the economy and health care reform in the buildup to the 2012 presidential election. But it’s still a pressing problem the occupant of the White House in 2013 should really begin to deal with.
As it stands, the debate surrounding how to keep Social Security afloat takes two sides: On one side you have those who want to raise taxes, and on the other you have those who want to cut benefits (either by reducing individuals’ payouts or by postponing the retirement age).
Neither is an attractive option.
But there is one little-mentioned solution that could fix Social Security without ruffling anyone’s feathers. And it’s one the next president should seriously consider.
Make more little taxpayers.