Will Biden Means Test Retirement Benefits

The podcast delves into the impending crisis facing Social Security benefits and the political strategies at play regarding possible solutions. The speaker compares politicians to "failed CEOs," suggesting they are unlikely to make significant reforms before the trust fund runs out in 2033-2034. Instead, they tend to rely on rhetoric and shy away from tough choices. The discussion touches on potential solutions, such as means testing for higher earners, raising the retirement age, and tightening eligibility for SSDI. However, the speaker raises doubts about the political viability of these options, predicting that inaction will prevail due to their unpopularity and the lack of motivation for politicians to act during their final term.