SS is not overfunded

I posted a comment at Economist's View that Bruce Webb is wrong about SS being overfunded.

I can agree that it is a great program, that the SSA preductions are overly pessimistic, that people are systematically trying to destroy it, and that under current rules (and the pessimistic forecast) beneficiaries will be better off in 2060 than they are now, without agreeing that it is overfunded.

My analysis as shown in previously posted charts indicates we have not yet seen the impact of demographics.