Soc. Sec. is projected to run out of money in 30 to 40 years, and can be easily fixed. First, it's an insurance program run and guaranteed by the federal government. Private companies can't do as well and still be guaranteed.

Even with the Bush Wall Street bailouts in 2008, several very large companies failed, and as a result, failed their investors who depend on private investments for their retirement.

Many middle class workers have lost company pensions and depend on their 410k plans that performed abysmally over the past few years,. It makes more sense to improve Social Security by removing the ceiling for contributions and lowering the contribution rate. Contributions are a regressive tax. This will make them slightly less regressive while keeping the Soc. Sec. trust fund solvent into the next century.

Conservatives and teabaggers who are against this are helping the rich get richer and themselves to become poorer.