Comment by JumpCrisscross

> is an even better argument for universal pensions (which isn't Social Security, as was never meant to be treated as a pension to begin with)

That's one option. Another is better distributing productive capital. Building public housing so its occupants wind up owning it, for instance.

But that's getting into top-down redistribution at the federal level, which isn't in the cards for now. Within the context of cities and states, pensions are no longer a good idea.