Assuming a worker made $50,000 annually from age 25 to 65. Without adjusting for inflation, at a rate of 2 percent, his Social Security benefits would be $374,492.30 before taxes, or about seven and a half years of equivalent "salary." With a Roth IRA and mutual funds averaging 8 percent, that same worker would have $1,606,150.42 (or thirty two years of equivalent "salary") after tax, a sum that he could bequeath to his wife and children, unlike Social Security. (Note that I included both the employer and employee contributions to Social Security.)
Social Security is a sick joke and any young citizens (including newly-minted college graduates) who are cheering for Obama are allowing the government to brazenly mug them in broad daylight.
Even if you invested in savings bonds, you’d have WAY more money, income, and something to pass along to your heirs than you would with social insecurity.