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US Politics

Social Security is in trouble. Before making cuts, look at what Sweden has done.

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Julian Zelizer : Social Security is in trouble because more money is being paid out to beneficiaries than is being taken in through payroll taxes.

That means Social Security’s vaunted Trust Fund could run dry by 2033just eight years from now .

Zelizer says there is no federal program that is more important to the financial security of Americans than Social Security .

He says it has long been branded as the “ third rail” of politics, meaning that any lawmaker who touches it will get zapped.

Peter Bergen : Sweden 's partial privatization of Social Security seems like a good idea.

He says long-term compounding could outweigh even a nasty bear market like the meltdown that cut the S&P 500 in half .

The concept of privatization, even with the adjective “partial” preceding it, is anathema to Democrats .

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