We will always take care of poor old folks. I don't worry about that. The system needs some tweaking to close the deficit with a cut of benefits one way or the other for the old well to do (like me eventually), cutting benefit rises to inflation rather than wages, and maybe raising the retirement age one more year. It is not hard. I have researched it.
i guess then that we half way agree, except that private accounts avoid the moral hazard of politicians spending taxes otherwise diverted to them since future expectations ensure additional levies to close the deficit