culdeus
Footballguy
The accounting can be "fixed" that easily, but the actual problem can't.
And it isn't just unfunded SS/Medicare. The pensions associated with Federal and State employee unions are a monstrous issue. Massive holes in defined benefit plan funding are a major issue and a lot more difficult to solve.
If you want to generalize this to a broader problem it is related to the massive demographic shift going on within the developed world. It is universal across developed countries. Too many people nearing retirement age + too few people in the work-force replacing them + under-funded pensions + too much debt of other kinds = major problems. And that would be true even if the current and future workforces had plenty of good jobs to work in. That isn't the case at the moment.
Well we need a geriatric influenza that takes out a good 30-40% of the world aged 60 and higher.