[KarlInOhio]

There is already a considerable amount of means testing in the SS system. If you make twice as much as someone else throughout your life and therefore pay twice as much in SS taxes you will not get anywhere close to twice the SS payments in retirement.

It might just be time to throw aside the retirement and insurance camouflage and just state outright that Social Security is a welfare program for the old.

[babble-on]

It should be one or the other. Either it’s a pension, in which case it should be actuarially sound and not invested in the debt issued by the payer, or it should be a welfare scheme, in which case it should be funded out of general government budget.