I did take some econometric courses in Grad School, have been following the issue for quite a few years and agree with you. Any thing serious enough to impact our SSI and Army retirement, means that the problems are so serious that the impact on our income is the least of our worries.
I know an Australian retired CSM and his pensions are comparable to America. But, he only gets a small part of additional pensions while we get all of ours. That could possibly change for us in the future. We try to live on roughly 50% of our total pension income. but the other half is paying mostly reimbursable medical bills.