He makes some good points but he does not have all right.
I started working at Texaco Station at 13 and was paid until I was 16 in cash. Since 16 I have been paying in to the Social Security fund, I am now 62. To act like the elderly in this country never paid in to the system and ignoring this is a joke, as if they are stealing. What a crock of shit. Penalize hard working people again for youth that want 30 hour work weeks and make $100K a year.
If we had been allowed to not pay in to the Social Security system and allowed to put that in investments for retirement, you would have something for retirement, probably get more than what SS is going to pay you.
But that is not how this works. And who gets to decide "if you don't need it or not"? Does anyone trust these young a-holes to decide that? If you paid in to the system, you should get the benefits you are entitled to. This is no different than the youth of our country expecting cancellation of their student loans. I paid mine off early back when the interest rates we have now look low in comparison.
I am fortunate never in my life have I been unemployed, many 60 - 80 hour work weeks. I have never missed paying in to the system for almost entire life. I have not stole from anyone, I am sure everyone that has paid in feels the same way. And who is going to benefit from an estate upon the death of patents? The children mostly.