How about making SS a real fund again like before Congress raided it? Build up a the SS fund account instead of the current pay as they go. At least a partial build up and subject part of it to growth funds like a stock index funds. It would grow some compounding interest at least.
Butts govt run 401/k? Like investing with a casino. The house wins, we lose.
This is similar to the ideas for privatizing SS -- allow each person to decide how to invest his own SS fund.
From the Dem point of view this is a disaster because it gives each person an ownership interest in American business. Hating America and looting business for short-term redistribution to will no longer fly. The Dems will have to move right and try to add long-term growth to the economy -- a prospect they hate. They would far rather strangle us with regulation.