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It's a Safety Net, Stupid!
When enacted, Social Security didn't anticipate the coming of birth control. There would always be enough babies to cover the expenses of the elderly. But now we've had fewer (or no) children, live much, much longer, and expect to "retire" while we're still able to work. Those things weren't part of the social contract.
That's what Social Security should be still today. Raise the age of eligibility, realizing that more people will need SSI through disability. But also add "means testing." That means everybody gets the "safety net" even if many people don't ever need it.
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