Until 2010, Social Security had always been a net gain, meaning that money contributed by workers had always exceeded the amount sent to retirees. This surplus means that Social Security, as is, should be sustainable until 2036, but that's assuming the economy won't seriously unravel, but even if it will, Social Security should be the very last program to be tampered with. Waste is needless wars and bank bailouts, not money spent on the old and the disabled.
In a traditional society, one must take care of one's aging parents, and let's not sugarcoat this. There is a Vietnamese proverb, "One mom can feed ten children, but ten children can't feed one mom." In Saigon, an old lady also confided to me, "My daughter pinched my inner thigh out of spite the last time she gave me a bath, so I said to her, "Why don't you go ahead and kill me already?'"
In the Republic of Goldman Sachs, NASCAR and Lady Gaga, however, most kids won't be around to pinch our inner thighs as we fade into senility. Also, more American women won't have any children. In 1970, it was only one in ten. Today, it's one in five. Fewer of us are also getting married. What you have, then, is a huge aging population without any income beyond the Social Security check that arrives each month.
As working citizens, we have no choice but to participate in Social Security, but this has never been a problem, since the vast majority of us has always recognized its necessity. Who'd want to be old and curled up under a bridge?
At $1,177, your average social security check will pay for a one bedroom apartment in a semi-slum neighborhood, plus enough leftover for discount groceries, bought with several fistfuls of coupons. It's not much, but it's survival, and not something to be messed with, unless, of course, you belong to the very rich.
For the wealthy, for people whose earnings derive mostly from investments and dividends, and not grunting work, it is somehow scandalous that we should get a thousand a month after a lifetime of honest labor. They can steal from us to finance their endless war and banking shenanigans, but it's not OK for us tapped out lumpens to have a minimum income in old age? Instead of gutting Social Security, we should wipe out the superfluous Department of Homeland Security.
This vicious campaign against Social Security is nothing but class
warfare, pure and simple. Unless we do something about it, and soon, the ruling class will continue to rip us off as we sweat, and starve us when we're no longer useful. They and their enablers, Bush, Obama and Boehner, et al, are not of us or among us. Never on the streets except when hustling votes, they never see the senior citizens already sprawling on our sidewalks.
Old people of limited means are a drag, really, since they can't be sent to war, and you may have to clean up after them, instead of the other way around, as is customary with the poor. What good is a poor person who won't clean your toilet, give you a sensual massage or kill and die for the empire?
According to Japanese legends, Ubasuteyama is a mountain where old people are abandoned to die. With each cut to Social Security, we will be erecting our own Ubasuteyama..