Then along came Johnson and a Democrat controlled Congress. The trust fund was disbanded and the funds moved into the General Budget. Then it was Katy-Bar-the-Door. The built up funds were gone through like a dose of salts through a cow.
And, ever since the Seventies they have used the surpluses generated by SS deductions from payrolls to apply to the deficit cause by the over spending.
Give us back the IOU's and then we will see what the system looks like then.
We don't have $2.6 trillion to give back. And the Ponzi scheme called SS is unsustainable. In 1950, there were 16 workers to every retiree; today there are 3.3; and by 2030 there will be two.