What are the alternatives to privatizing Social Security?

[Kiran C]

I am not against some money going into the stock market. That money would be separate from the general Social Security funds.

Read the link below. It has a recommendation to set aside some contributions into the stock market, a small amount.

The real fix will be "a gradual increase in the payroll tax cap to 90 percent of earnings." Anything else will not allow future retires to have 100% of the current benefit level. However, if we do nothing, future retires will have only 75% of the current benefit level. In other words, Social Security will not bankrupt. It will not go bankrupt because payroll taxes will still be collected.

http://www.hks.harvard.edu/jeffreyliebma...iption.pdf