If even half of all SS money that's taken out of American's checks every week was to be 'invested' in the stock/bond market,
Wall Street would feast! The very thought of using vast amounts of other peoples' money would be like heroin for a junkie.
And week after week, month after month there would be another hit to the vein. Investment instruments would be created to capture future injections. Freekin' nightmare!
It was...? What most "conservatives" said was the "investing" of SS tax receipts in the "Trust Fund" was and is a scam. But virtually everyone who gave their surplus SS tax dollars to the Federal Gov. would probably be quite happy had that money been deposited in their 401K and used to buy those same T Bills. I can get you the rate of return if this had been done. But thanks for the laugh....