Do you support raising the SS cap?

[dazzleman]

When the social security program was conceived, the deliberate intention was not to make it into a welfare program.  That is why the amount to be received was tied, however loosely, to the amount that was paid in over the worker's lifetime.

The cap is there because the cap corresponds to the highest level of benefits that can be received from social security.  A person who earns at or above the cap for a certain period of time will earn the maximum level of benefits, but cannot earn more benefits, no matter how much his/her earnings were over the cap amount.

Removing the cap effectively makes social security into a welfare program, at least partially.  This goes against the original intention of the program, which was emphatically not to be a welfare program, with all the political liabilities that go along with that.  In my opinion, to make social security into a welfare program is a very dangerous path, and the originators were wise to reject this concept.

The solution is to move in the opposite direction.  To take control of the return earned on social security away from the politicians, who have utterly mismanaged the program for decades.