Warning: Long answer
I think all of these answers are missing a very important property of cryptographic hash functions: Not only is it impossible to compute the original message that was hashed to get a given hash, it's impossible to compute any message that would hash to a given hash value. This is called preimage resistance.
(By "impossible" - I mean that no one knows how to do it in less time than it takes to guess every possible message until you guess the one that was hashed into your hash.)
(Despite popular belief in the insecurity of MD5, MD5 is still preimage resistant. Anyone who doesn't believe me is free to give me anything that hashes to 2aaddf751bff2121cc51dc709e866f19
. What MD5 doesn't have is collision resistance, which is something else entirely.)
Now, if the only reason you can't "work backwards" in a cryptographic hash function was because the hash function discards data to create the hash, then it would not guarantee preimage resistance: You can still "work backwards", and just insert random data wherever the hash function discards data, and while you wouldn't come up with the original message, you'd still come up with a message that hashes to the desired hash value. But you can't.
So the question becomes: Why not? (Or, in other words, how do you make a function preimage resistant?)
The answer is that cryptographic hash functions simulate chaotic systems. They take your message, break it into blocks, mix those blocks around, have some of the blocks interact with each other, mix those blocks around, and repeat that a lot of times (well, one cryptographic hash function does that; others have their own methods). Since the blocks interact with each other, block C not only has to interact with block D to produce block A, but it has to interact with block E to produce block B. Now, sure, you can find values of blocks C, D, E that would produce the blocks A and B in your hash value, but as you go further back, suddenly you need a block F that interacts with C to make D, and with E to make B, and no such block can do both at the same time! You must have guessed wrong values for C, D, and E.
While not all cryptographic hash functions are exactly as described above with block interaction, they have the same idea: That if you try to "work backwards", you're going to end up with a whole lot of dead ends, and the time it takes for you to try enough values to generate a preimage is on the order of hundreds to millions of years (depending on the hash function), not much better than the time it would take just to try messages until you find one that works.