>>>>>>The one specific thing I agree with the Paul Ryans of the world about is entitlement programs like social security and Medicare. We should not be giving money to those who do not need it. But oh boy, don't suggest that. Any politician who seriously suggests that will be hanging in the public square in about an hour.
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>>>>>The problem with means testing Social Security and Medicare is that you undercut the consensus for them. When they're only for "the poor," you'd get the same kind of moaning about "parasites" that you now hear for welfare and food stamps. When they're universal, that doesn't happen.
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>>>>There are occasions when we disagree and this is one of them. I don't have to look any further for an example than my father. He doesn't need the money but takes it gladly. He was born in 1932, grew up poor in a small town in rural Maine during the Depression, and will NEVER feel secure enough. That was no easy place.
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>>>But if SS was means-tested and your father therefore didn't get it, how would he be feeling about the 50 or 60 years he paid into the fund? The reason SS is the third rail of politics is that everyone feels invested (and, I guess, literally is.)
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>>>Tamar
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>>I agree. You can't take away something you've already contracted to provide and you've already been paid for.
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>>The long term answer is to have the US government show some stones and say anyone born after a certain date (a date greater than perhaps 16 years ago) will NOT participate in the Social Security system. Let the system fizzle out as the last of the participants fizzle out.
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>But without Social Security system, I am afraid, there will be so many destitute people by the time they can't be productive in their jobs. Why not increase the SS contributions for everybody and make it work. As long as the money contributed to SSA go to the SSA payments out. It should work.

If money went to protected investments instead of the General Fund, it might indeed be able to work.

The problem is that US Presidents (read Johnson) decided the government needed the money more than the Social Security system so he rerouted it.

You can rest assured another president like the current community-organizer-in-chief would immediately confiscate the funds again if he wanted to.

I don't want my future owned by the government.