You have fallen for propaganda aimed at getting people to not give a shit when republicans try to end Social Security.
The money didn't "get spent", it's invested. If that counts as "got spent" then your savings account also "got spent" (funding loans) and your retirement accounts also "got spent" (buying bonds, treasuries, securities) so you can go ahead and sign those over to me since they're empty anyway—right?
If the money had been spent then it would have reduced deficit spending by that much, but it didn't, because that spending was funded by debt (some of which the SS trust fund owns). If that isn't "real" then the entire debt isn't real so who cares if anything contributes to it?
The money is lent to the federal government via Treasuries. As the surplus is spent, it will directly decrease the funding for the government deficit, increasing the cost for the government to service its debt. The original poster is wrong since the surplus is real, but spending down this surplus will still cost the government a lot. And even if it didn't, Social Security will burn its entire reserve in 10 years and be forced to cut benefits by 20% in 10 years or be forced to spend trillions to maintain its current level deficit.
It's true to the same extent that redeeming any treasuries "contributes to the deficit". The only way that is meaningfully true in the context of "how do we reduce the deficit?" is if we're willing to not repay our debt and if that's the case, the entire issue is moot.
Framing it that was is just priming us for the government to actually empty the account by defaulting on that debt, i.e. rendering the assets owned by the fund worthless.
It's true in the same way that it's true to say that cars can fly, which is to say, that it's way more true to say that no, they cannot, even if yes, sure, the other thing is "true".
The money didn't "get spent", it's invested. If that counts as "got spent" then your savings account also "got spent" (funding loans) and your retirement accounts also "got spent" (buying bonds, treasuries, securities) so you can go ahead and sign those over to me since they're empty anyway—right?
If the money had been spent then it would have reduced deficit spending by that much, but it didn't, because that spending was funded by debt (some of which the SS trust fund owns). If that isn't "real" then the entire debt isn't real so who cares if anything contributes to it?