For quite a while, I've figured that I'd advocate and vote for sanity, even knowing it was a losing battle, so I could at least say I tried and tried hard.
But I've tried enough. I can advocate when I feel like, and I still vote as though there's hope... But I've given up even the responsibility of obligation I felt to put in any real effort.
All I've really got left is the ability to say, over and over again, "I told you so". I've been saying so for years and have it to look forward to in even greater abundance, and you know what? It doesn't feel good. I'd rather say "I was wrong", because I wish I had been.
With private account savings being mandatory at the same contribution levels as FICA, though, it would do away with the need for SS for nearly everybody (long as it's a standard broad market fund), and for the very few and rare exceptions that would retire with less than they would under SS, I'd be completely comfortable with government making up the difference.
I think the average rate of return for a standard, you know... Diversified 60/40 over the same time horizon as SS and the same consistent contributions on average is something like 550% more, last I heard an economist put a number to it.
If that ain't universal and some people are getting less than SS under such a system, seems like a pretty small problem for the government to make up for compared to trying to keep pay-go going as it has been in the system as it currently exists somehow.
I was born in 81, making me one of the oldest living millennials (though I self-identify as a xennial).
If nothing sufficient is done, it'll be worse for me than you, and worse for my kids than me.
I don't think anything will be done until it's too late to be easy, when all that's left will be hard choices between bad options.