Your forgetting that back then it was almost 20:1 supporting social security, now it's 3 to 1. FICA taxes are super high and will get much higher. I think we've got a much bigger reason to complain than you do.
Some figures have it as 1:1 or 1:3 depending on who does the numbers. Remember, a lot of illegals pay no SS.
Well, I'm one of the three to one, not one of the 20 to one, because I'm still working and paying taxes.
But complaining isn't the answer. What do you suggest? Really.
When the SS bill was originated, any street hustler could have told you it was a Ponzi scheme. And I've paid lots of money into it. I don't want to get screwed either.
Personally, I think phased privatization might be a practical approach. Any thoughts?