Economy

Finally a Good Idea on Social Security

President Obama is stepping in the right direction on Social Security:

(Reuters) - President Barack Obama on Tuesday backed boosting the amount of individual income subject to Social Security taxes, one of the first concrete proposals he has endorsed to put the retirement program on a stronger fiscal footing.

Of course, the best idea is to start the payroll tax at $250,000 or higher. But I'll take this as a positive sign.