>>It looks as if the Carter and Clinton years are finally behind us.
Presidential Candidate Donald Trump: “I’m not going to cut Social Security like every other Republican.”
This one might actually succeed since 1%ers mostly are immune to payroll taxes. Funding the scheme properly is important as current Ponzi schemes are running out of chumps. It's just a shame that this is the first expansion since 1972: an earlier expansion would have allowed current beneficiaries to contribute more during those salad days when other nations' public funds did spectacularly. Also note the comment from GOP Biggs who praised the idea of funding schemes properly but added "the bill would give a lot of money to middle- and upper-income retirees who are already doing well. And it would significantly increase payroll taxes on workers.” And there it is again, the burden kicked down the road to today's workers.
"... They ne'er cared for us
yet: suffer us to famish, and their store-houses
crammed with grain; make edicts for usury, to
support usurers; repeal daily any wholesome act
established against the rich, and provide more
piercing statutes daily, to chain up and restrain
the poor. If the wars eat us not up, they will; and
there's all the love they bear us."
-- Shakespeare: Coriolanus, Act 1, scene 1