F. George McDuffee wrote:

In the 50's the rallying cry for the political right was "who
lost China." In the 20teens it will "who stole social security"
for the majority who lost 7 percent of their gross lifetime
income in one of the most successful Ponzi schemes ever operated.

It's worse than that for many people, as independent contractors lost
14 percent of their income, being both the "employer" and the
"employee".

Major contributing factor is the lack of contribution to the US
Social Security fund by manufacturing labor for products consumed
in the US because of off-shore sourcing. This is another of the
"off the books" costs that make the initial cost cheap import
goods so expensive in total.

Social Security may be in a "lock box" but there is no bottom in
it.

By far the easiest way to have enough money for SS is to REMOVE THE
UPPER CAP! Rich people who make more than a certain amount do NOT pay
any SS! As wages approach infinity, the SS% approaches ZERO. The
PROPER way to implement SS would be to make people pay ZERO if they
make _LESS_ than the cutoff amount, and make the people who pay MORE
than the cutoff amount fund it. Fact: there would be much more SS tax
revenue if the rich paid their share.

Julia Roberts makes about $200,000,000 a year, paying in only about
$5000 in SS. She SHOULD pay $28,000,000 in SS.

Fact: rich people are parasites who live way too long, raking in fat SS
checks for decades even though they didn't pay any SS, while the poor
people who paid the money usually die before they can receive any
money.

This proves that socialism is a horrible system that steals from the
poor to pay the rich.

The 55 age limit is deliberately set so parasitic Baby Boomers can
continue to steal from younger generations. That's another backward
move. What they SHOULD do is not give ANY SS money to anyone born
before 1965. The greedy geezers destroyed the economy, so let them die
off without giving them SS or any medical benefits. Only people born
after 1965 should receive any SS, and they shouldn't pay anything
unless they make more than about $90,000 in a year.

It is a good thing when Baby Boomers die.