Social Security is structurally sound!
If by “structurally sound,” Obama meant $8.6 trillion in the hole, and worsening.
I guess it’s all a matter of perspective: if what you want is the whole system to topple, knowing that the money will run out and the system will then collapse, atop which rubble you plan to build a liberal fascist / socialist Utopia run by a permanent ruling class that isn’t held in check by hoary Enlightenment ideas about something provenance other than man responsible for the creation and securing of so-called “fundamental” rights (which themselves can only lay claim to a man-made linguistic contingency), then yes, Social Security is structurally sound.
It, along with Medicare, are the poison pills that finally do away with any last wellspring of individual freedom. Now we’re just waiting for them to complete their time-release dissolve. Structurally.
Romney never challenged Obama on his characterization of Social Security. But I suspect that’ll be part of Paul Ryan’s job.