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The difference being that what you have invested can now be passed down to your children.
When SS was originally passed into law, there were 16 workers for every one retiree. The average life expectancy was 66, so on average there was one year of benefits being provided. Now, there are about 3 workers per retiree, and the average life expectancy is around 74 or 75. Big difference. Requires major changes.
GD, I agree this isn't much different than what Clinton proposed. Anything is a step forward. But this is why the boos made me laugh, really - they are booing what Clinton was for and they supported when he was in office.
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