This is my best guess as to what the neocon Republicans of today believe (and I am not endorsing this – just laying it out).
A safety net for the retired people of today* is necessary because Democrats created a nation of dependents. It’s too late for these retirees to arrange for other means of income. With a national debt mounting thanks to deficit spending on the old failed socialist vision, it’s time to change course.
The new way of thinking**:
We can privatize the safety net, shifting all responsibility for retirement income to individuals, for all the Americans of tomorrow† as long as we do two things.
1) Undo all regulations and market restrictions and let the job creators have new tax cuts so they can finish the job of buying out unnecessary competition, cutting dead weight and eliminating redundancies, leading them to create a perfect economy.
2) Double military spending and fight the wars of tomorrow right now. Why leave that looming war with Iran to the future generation when for a lot cheaper, we can topple the Ayatollahs in Iran right now, today?
Securing the future for America.
The next generation will have no enemies left in the world, more than offsetting any military spending we do today. The next generation will be investors without risk, rendering the need for taxpayer-funded safety nets obsolete. Peace and entitlement savings means national debt is wiped out.
*56 and older †55 and younger **ideas to follow are old as dirt