I don't know shit about this but my guess is that at some point in the 70s they picked a number that seemed good and didn't index it for inflation.
Anyhoo, kids are Americans and they benefit the most from social investment because they are still plastic and have a lot of time left. Really we should be focusing more on kids than 30-40-somethings whose arrows have already left the bow of life.
We could give generously to kids and then vote for them to have to pay taxes out the ass to cover the deficit spending. We would be making smart investments and get the last laugh.
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