SS was started as a pay as you go program, but it did collect more money than it needed. We spent that money on other things. So, no money is invested. From an investment POV, I look this way: Iíll work for someone else for a couple of hours this week if someone else will work a couple hours for me in the future.
Please, someone tell me where I can disabuse myself of my misunderstanding that SS was originally and is now a pay as you go program, not an investment program.
(I know the Ďsurplusí is used (robbed) to lower taxes, but that is another issue.