That is already done.
Besides, no discussion of SS is complete without the realization that the SS Trust Fund is a fiction; SS is a cash flow program commingled with general funds. Whether there's bookkeeping entries one way or the other to the Trust Fund is irrelevant to the finances of the country, although not the politics.
RE: Besides, no discussion of SS is complete without the realization that the SS Trust Fund is a fiction
Al Gore did that, and was laughed out of town with his repeated mention of the LOCK BOX.
Social Security would be best cut off for those 55 or below. Best of all would be simply giving a one year grace period then ending the whole program altogether along with ending government connections of all types with medicine and insurance, ALL types other than weights and measures (explicit in the Constitution) and truth in advertising (implied by the previous) and sanctity of contract.
when America was growing and needed people—maybe that was OK—remember the law was put in to help Blacks Freed slavery. Now the USA is one of the only nations that does this. If we ended welfare and free junk—people wouldn’t flood in. We are being played for suckers. Trump sees it—now others are. If your an illegal—you get no free junk—no citizenship—no free food, education health care etc. i don’t blame people from the 3rd world from coming here—I would (just as my people came from an occupied and ensalved Ireland long ago). We just can’t afford it now.
You are correct. A retiree with a low average indexed monthly earning (AIME) gets 90% of his monthly income. The next group gets 90% of the low amount and 32% of the next higher set of AIME. The highest earners get the same but only 15% of their highest covered earnings. What the Bolsheviks want to do is deny SS retirement coverage for the high earners.
Amen. I already lost half of what I put into SS in order to get my teacher retirement pension, of which I contributed half.
Not paying what is promised is theft plain and simple.