If I were a keynesian economist, I would direct the Fed to print more money and place the amount needed in the SS trust fund and I would also stop SS COLAS. The result would be more funny money on the street with corresponding inflation, which would devalue SS checks to the point that the current payroll taxes and SS deductions would not increase. Shoot, there may even be a surplus of actual SS deductions/contributions with this approach, which would allow our crooked government to put more IOUs in the SS trust fund while spending the surplus on their favorite projects. /s
Seriously, we need a balanced budget amendment and a law making it illegal to spend the monies of any trust fund except for what those funds are intended. I won't hold my breath.
Keynes would never have supported the crap the r’s and d’s do. Keynes actually supported surpluses in times of good and not too much debt. We don’t have that. We only have debt. Debt spending all of the time. R’s think that we can grow out of this debt with only cutting taxes and without cutting .gov. D’s think that we can grow out of the debt with more taxes.
Obama beat you to that one. Last COLA strangely enough was the same as the increase in Medicare Cost. Checks did not change period.