while true

The solution, as proposed by a member of the Clinton administration's Social Security Advisory Council:
1) Raise the cap on income, effectively raising taxes on those earning over $87K.
2) Cancel a rollback on the estate tax, taxing homes upon death. This usually means taxing the homes so much they must be sold to pay for the additional taxes.
3) Mandate that state and local workers join Social Security. After all, you're forcing everyone else, why leave some exempt? Let's here it for Federalism! Or perhaps this would highlight the pyramid scheme which would normally be considered fraud if it weren't done by the government.
4) Use more accurate cost-of-living estimates, i.e. lower benefits.

There you have it, the inevitable downward spiral of raising inputs and lowing outputs in a government program.

By that's not all. The following things are bad ideas:

- Raising the retirement age, because some people who retire early really need to. Can't you just keep the early retirement constant (62) and raise the real retirement age (say 67 to 70 gradually).

- Privatizing accounts, because they'll be, err... private, and people might make mistakes. We can't let 'em! How pro choice...