Well it’s probably true that most of these programs are unsustainable (and Ponzi schemes). However, most people bought into them in good faith and paid a good chunk of their earnings towards them. And don’t forget, they did not have a choice. I don’t think they thought of them as milking future generations. These programs were sold as self sustaining (which was a lie but most people do not have the economic background to decipher that).
As they say, it seemed like a good idea at the time.
I’m sure every generation has/will put in place equivalent boondoggles. Why? Because the people at the top of these schemes make a lot of money. Layers and layers of bureaucrats for one thing.
By the way, it wasn’t the Boomers who put in place most of these programs (it was their parent’s generation or even their grandparent’s generation.) However, Boomers are benefitting from them it is true.
1) We didn't buy into socialist insecurity and the rest of that lot. Money was taken from our paychecks, at gunpoint and without our consent.
2) No good faith was involved. The government has lied about the nature of socialist insecurity and similar programs from the beginning, when Congress first considered them.
3) Yes, a big chunk of our earnings was taken at gunpoint to support these programs, and it has all been spent.