Social Security payments were no different than income taxes, business taxes or any other tax that you don't pretend it a trust fund. Government taxed and immediately spent the money saving not a dime.
So you blame the elderly that were forced to pay into a government insurance program for the incompetence of the government to manage the program they invented.
What does who I "blame" have to do with anything? Did you understand the point I made? There is no money, it's welfare. Who I blame for that makes no difference to that point.
Your point is not made. Collecting on an insurance policy is not welfare, period.