Biden: “There will be no changes in Social Security”

[TheKentuckian]

37. Raising the cap is fine by most, very few are crying about the top 20% paying a little extra here.

There are some but who cares. The only big flaw in raising the cap is having no way to sequester the money so that it isn't turned into stupid tax cuts, brainless wars, and loading the pockets of robberbarons via various scams, extortions, and corporate welfare.

The real problems are flat wages and and cycles of fairly long term unemployment. The system is built with the assumption that wages would rise with growth and that stopped being the case a generation ago and there are no "viable" intentions to do a damn thing about it, ever. I think that is what drives the panic even for more decent politicians. No matter how realistic the overall growth is, the expectation is for distribution of resources to be too meager to actually make it work.

We have a solid program but it wasn't designed to hold up to insane burning of the proceeds almost impossibly avoiding any substantive investment which would cause value based growth and create jobs which in turn pay in and then spend and ever allowing the gilded age type income disparity with loads of fit for duty folks looking for anything.

Take away some off the meter shenanigans that folks fresh off the Depression wouldn't account for because they probably would expect the government to fall before there could be any such pass, and I bet both Social Security and the overall government would be looking pretty flush as far as the eye could see if we could control medical cost and the related inflation.