>That's not quite how it works.'
>Those who are contributing now are supplying the cash to pay those who are on social security now.
>Your money is not being saved for your retirement. The younger generation will pay for your
>retirement. If your group out numbers the younger people, your social security cheque will likely be
>smaller or non-existent. Don't you love socialism?

Actually, during socialism proper, the retirement fund was full, thank you, and the retirements were regular.

>And remember Clinton? Didn't he balance the books or something by using the social security money?

Remember that child of transition from socialism into capitalism, Milošević? He and his thugs have plundered the retirement fund several times over; health too.

Besides, Clinton didn't take the money out of the fund - he just replaced it with bonds. If the Chinese creditors can take these bonds, so can the US retirees ;).