I agree that SS doesn't actually have capital and that it runs in the red. Had the earlier generation not insisted on contributing just enough to cover running costs and little more, the scheme should have been secure effectively forever by now. Instead it's going to run out of $ with its last years dominated by the culprits hoovering from current taxpayers while boasting about their own masterly underfunding when it was their watch. If anybody has a poor expectation of others, surely it is the expectation that younger people are sheep who will tolerate this just because the beneficiaries vote to force them to.
"... They ne'er cared for us
yet: suffer us to famish, and their store-houses
crammed with grain; make edicts for usury, to
support usurers; repeal daily any wholesome act
established against the rich, and provide more
piercing statutes daily, to chain up and restrain
the poor. If the wars eat us not up, they will; and
there's all the love they bear us."
-- Shakespeare: Coriolanus, Act 1, scene 1