"I'm referring to the fact that social security wouldn't be deep in the red and would be in the black"
That would've happened, if the plan had actual Trustees charged with protecting the funds. Instead, we get IOUs, while the actual money is used for tax cuts and operations.
SS is the real-world equivalent of a 2% bond with an average 25 yr maturity. It's a lousy investment return, but it's guaranteed. Had Bush privatized it, it would've crashed in the 2007-2008 meltdown.
BTW, SS was in the black for about 25 years, after Reagan raised the rates. We knew then, it would move in to the red around 2011 due to the baby boomers' retirement. It's a tsunami we saw coming for 50 years.
"Will it happen again, unlikely"
You missed the salient "tell". EVERYONE in that group has a pro-active DUTY to insure security. EVERY ONE of them had the responsibility to SPEAK UP, and demand security.
Since NONE of them did, nor are they aghast at themselves for their failure, the conclusion is clear: this wasn't a one-off, this was SOP.
Vlad is probably dismayed the US might stop using Signal.