David Hogberg has an excellent fisking of a Des Moines Register editorial opposing any partial privatization of Social Security and painting an unduly rosy view of the trust fund's future.

The truth is that the second receipts into Social Security don't cover the payments, and they have to dip into all of those IOUs, we're going to have a huge problem. Currently that date is 2018. Not 2050something like some like to claim.