Means Testing Social Security
I know that as a Democrat I'm not supposed to say this, but shouldn't we be means testing Social Security?
At its heart, Social Security is an insurance program. (And a public option buy-in, at that.) But what other insurance program pays out, even if you don't need it?
That's like buying fire insurance and then getting a payout even if your house never burns down. Social Security is the only insurance program that pays out if things DON'T go badly for you. It's death insurance. It pays out if you, through no fault of your own, don't die.
How crazy is that?
People who are rich, don't need Social Security. The idea that we continue to give money to people who don't need it, in an era of deficits and debt, is just ridiculous. Heck! It'd be ridiculous in an era of surpluses.
Democrats are supposed to be the party that fights against income inequality. Democrats are supposed to be taking a stand against taking money from the working class and giving it to the rich.
Why do the 99% pay payroll taxes to give Social Security to the 1%?