You are justifiably concerned about seeing value out of a system you were required to pay into. I get that. But because of how the system works, you are also demanding that future generations pay for your social security (at whatever "equity" you consider appropriate) without themselves seeing the benefit of the same system. That is to say, you want to steadily increase the dollar value of the benefit you are receiving - understandable given that the cost of living is increasing for all of us - with the full understanding that others will be continuing to pay for your social security without themselves being able to cash in on it.
I know you said that some future generation in theory wouldn't be forced to pay into it, but you also said that once you've drained social security dry you want to stick all active taxpayers with the remainder of the debt, meaning that those people who don't get the benefit of SS will still get to pay for it.
I totally understand the selfish desire to get while the getting is good, but I hope you recognize that selfishness for what it is.
Yes, I am justifiably concerned about receiving the value from the system I was forced to pay for/into. That system also supported recipients that retired before me with the payments I made into the system. I'm hardly the first to reap a value from the system supported by people who have paid and are paying into the system.
I never said anything about increasing the dollar value of the benefit I'm receiving. All I want from the system is to receive the worth I'm entitled to. It requires more dollars but those dollars have been weakened by inflation. Ergo, it will require more dollars but absolutely no increase in value.
If you have a concern about others not receiving a value from a system they will, in essence, be paying for, keep the system, but make it fair.
I don't expect to "make a profit" from Social Security. I do expect to be paid whatever amount it takes to keep me level, and not have to diminish my lifestyle because I am being insufficiently compensated for with an insufficient flow dollars that have lost value.
Right now, there is a "surplus" in the SS system, expected to carry through 10 or more years. That means there is more than enough in the system to keep everyone in the system up to their paid-for level of security.
You say I am selfish for desiring what I paid for. I demand it. Are you expecting altruism here? There is no selfishness involved. I don't demand more than what I paid for. I don't demand it solely for my self. I demand it for everyone in the system - to include you for when you start to collect if you are not already collecting.
Woody