SS was sold to the people as a retirement account. It actually was:
1. the establishment of a citizen identification number, the SSN.
2. the expansion of government’s control over your money
3. a program to increase dependency on government.
4. a social welfare system
5. an early attempt to “equalize” incomes.
6. a ponzi scheme ... now running low on new contributors ... resulting in massive immigration ...
I believe it was planned a new tax scheme where they expected most to die before receiving it, they didn’t factor taxpayers would live longer causing SS to become a black hole for taxes instead of a boon.
Typical to put the burden on the next generation that cannot vote to protect themselves.