“Black hole known as the Social Security Trust fund”
Social Security is real and real people have benefited from it.
However, the Trust fund is only an accounting gimmick.
A real Trust Fund can not consist of IOUs issued by the Trustee!!!
Even if the so called “Trust fund” did not exist benefits would still have to be paid out. It would be political suicide for any leader (socialist, democrat, republican or even tea party) to even hint that pay out is at risk.
It comes out that the so called “Trust fund” serves more to protect the rest of the government spending than it serves to protect the beneficiaries!!!