The rousing defeat of the Republicans may lead to some dividends. Emboldened Democrats are pushing back on the right wing nonsense that we need to be cutting Social Security benefits. Not only should we not be talking about scaling Social Security back. We should be expanding it.
Unfortunately we don't even have Obama on our side on this one, but it's the right policy. We need to continue to beat back the lies of the right wing propaganda machine that wants to end it because they believe it will improve their profits. They want the elderly to be compelled to stay in the work force. This enlarged pool of laborers can drive the cost of labor down. They want access to any monies you could be putting away for your retirement. They can run mutual funds and extract fees, maybe crash the economy and get some bail out money in the process.
It's important to recognize that Social Security is a lot like what humans have been doing for thousands of years. When people became elderly in Native American societies the young understood that they had to do what was necessary to provide for them. When they shared the fruits of their labor with the elderly that were unable to work they weren't enlarging their share of wealth. They were simply giving away what they had worked for. They knew that when they became elderly the young would support them. And this is why we pay today. It's not a savings plan. It's based on the principle that we take care of those that can't care for themselves. And we know that one day we will be in that boat.
There's a pretty decent debunking of a lot of right wing myths about Social Security here. It's worth checking out.