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Notes -
The problem with making older men whole on their social security contributions is that
That money is gone, long since spent on whatever stupid shit the government does (by this point, social security is old enough that the money has chiefly been spent paying out social security benefits to even older men, who are now dead).
Social security always promised more out in benefits than was paid it. It was structured like a pyramid scheme, and inherently reliant on forcing every new member of an exponentially increasing population to enroll at gunpoint. So when fertility collapsed...
The only ways to keep giving old people their promised benefits is one of:
Keep borrowing money until nobody is willing to lend anymore. We already owe Lord Tywin three million gold; what's another 80,000?
Keep printing money to inflate away the entitlements. Sufficiently high inflation is indistinguishable from a default.
Keep importing immigrants to pay for the benefits, replacing your people to kick the can down the road a few more years. Except, a lot of those immigrants are going on welfare and making the problem worse. Hispanics and H1-Bs are productive; Sub-Saharan Africans, MENAs, and Haitian refugees are not.
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