No “trust fund” money was wasted because there was never a genuine trust fund, nor was it ever contemplated that there would be a true trust fund. SS was a vote buying scam from the beginning, and it has worked well.
Amen! Those ads that the AARP are running now make me furious. There is no money in SS. It’s gone. What was paid in was stolen, and the people collecting SS benefits are receiving money stolen from current workers. It is and always has been a giant scam!