All Ponzi schemes are... until the collapse happens. The even worse thing about SS is that all of the money taken in so far, all those surpluses, are gone. IOUs don't mean shit when the backer is bankrupt. And in case you hadn't noticed, all of the current income for the Federal government goes to paying entitlements, everything else is being financed as debt at an almost unbelievable level. We're now at four times the level it was just a few years ago and suddenly all the Democrats who were bitching about deficits are clamoring for more deficit spending. The Republicans gave nothing but lip service to deficit spending. And until we decide that dealing with this impending disaster is more important than the petty political bickering that goes on, we're only worsening the pain that has to happen.
Dirk