Nope.<<<
Can you explain your thinking..there never was a “lockbox” for SS...where do you think the money was being held...and what was the interest rate on it?
People paid 12.4% of their wages into a fund. At gun point I may add. That this fund was promptly robbed by the people who were suppose to hold it does not mean that their getting a fraction of what they paid in back "welfare".
what was the interest rate on it?
Since the money was "loaned" to the federal government I would say the savings bond rate should apply.
Last time I checked that was 10%.