We don't have much agreement about what to do with Social Security. In fact, a hard-core group of Democrats continues to insist there is no insolvency crisis looming on the horizon. That being the case, I thought we might look at one area of easy agreement and a free market solution that will only make the really hard core folks mad.
When you die, Social Security will pay a $255 death benefit to your survivors, presumably so they can make a down payment on a 1986 Chevy Nova.
Why don't we allow use a small portion of Social Security funds so workers can choose to purchase a life insurance policy?
If we are going to burn up all their money on a doomed redistribution scheme that will be out of surplus funds however you count them by 2040, shouldn't we at least allow taxpayers to withdraw a few dollars a month to protect their families when they die?