General Discussion
In reply to the discussion: This 53 year old has it right.... [View all]sabrina 1
(62,325 posts)has a huge surplus which continues to grow even in these bad economic times. By 2024 the surplus is projected to be over 4 trillion dollars, double what it is now, and if the economy improves and they do a few things like raising the cap, it is likely to be even more than that.
I think they do not need to keep such a huge surplus lying around for war mongers and Wall street gamblers to try to get their hands on.
They should increase benefits to those who are on it. That would ensure it goes to the people who are entitled to it, and keep it away from greedy hands, AND stimulate the economy as those people are the most likely to spend the money.
I don't know where you got the idea that the fund it is going to dry up. That is a Republican scare tactic. They've been saying that for fifty years.