Why do we need social security?

[michel]

Why do we need it? I mean the fund that are put into the social security fund do not gain any real interest. You could put the money in a drawer for 50 years and it would be worth as much as if you put it into social security. The system in built on the hope that the next generation will be bigger than the last which makes it very similar to a Ponzi scheme. Eventually it will collapse if our population growth goes negative or near negative like Europe. I mean it helps old people now but what about the people in the future. The fund is already out of money and has been going into negative territory since 2011. Do we just pray it holds up until we are dead and say fuck future Americans?