Hey I'm 26 and I'm all for ending entitlements if you want to; including social security. Let's end it right now, because I find it infuriating that I have to pay into these programs every paycheck when likely I will not be receiving anything in return when I hit retirement age.
People my age setup 401k's, because we understand that you can only depend on yourself for your twilight years - not a Federal Government. The "millennials" - as they call the group - are not as dependent on entitlements as the generations before, primarily because we can't be.
We've seen first hand growing up just how dysfunctional and petty our government is, with the past 10 years being the climax, how could one in their right mind depend on anything government related? The politicians of the generation currently in power are like children. Just look at Newt Gingrich.
And think how much more you could be putting into that 401K if you were receiving that 15+% social security deduction instead of it going to the feds. (I know, your employer has to pay half of it, but if he didn't have to pay that, he would be able to pay the employees more and many would.) My husband and I being self employed for the last several years of our working life had to pay it all and it would have been great to have had it to put into our 401Ks.
America has never just allowed people to starve but have always been the most generous and giving of any society on Earth. That was true before there were entitlements and that would be true after entitlements ended. The most significant thing that separates conservatism and liberalism is that liberals seem to think if the federal government doesn't do it, it won't get done. Conservatives believe that there are far better ways to do most things than leaving it to the federal government to do. Most especailly since the federal government swallows up huge amounts of resources just to feed its own bloated bureaucracy and that money isn't then available to help anybody.
A person who put 7 to 10% of his/her wages into an intellegently managed and invested 401K beginning in his/her 20's will almost certainly retire a millionaire. And the money is his/hers to be used as s/he sees fit and to leave to his/her heirs if there is money left over.
A person who depends only on social security will likely retire below or close to the poverty line, will likely qualify for food stamps, and the money is not his/hers to use as s/he sees fit but is doled out in pittances by the government who, by the way, does not HAVE to pay it but could legally end the program at any time and confiscate the money for any other purpose. And if you die before you collect social security or before you collect all that you paid in, the government keeps it. Your heirs don't get it. It is gone. Swallowed up in the bureaucracy.
There simply has to be a better way.