It most certainly is, basically, a Ponzi scheme. Well, maybe Pyramid scheme is a better terminology. It's taking money from one group of people and giving it to another with no added value. Any scheme like that is basically a "rob-Peter-to-pay-Paul" type system. Which is exactly what SS is. Takes money from workers and gives it to retirees. No matter if the retiree put in $0 or $1m.
As long as the Government keeps the payouts the same or lowering them and keeps jacking up the tax levy then SS will survive the selfishness of the current retirees and the poor planning by the Government.
Also do me a favor and please stop putting
by your insults. They aren't funny and the stupid
doesn't make them so. If you going to try to insult someone at least admit it.