Elon Musk Calls Social Security 'The Biggest Ponzi Scheme Of All Time'
www.huffpost.com
The tech billionaire argued Friday on "The Joe Rogan Experience" podcast that one of America's most enduring social safety nets is an insidious ploy.

Summary

Elon Musk called Social Security a “Ponzi scheme” on “The Joe Rogan Experience,” claiming it’s unsustainable due to long-term obligations exceeding tax revenue.

Critics, including Sen. Bernie Sanders, accused him of pushing privatization to benefit the wealthy. Musk also made false claims about Social Security mispayments.

His comments come amid looming Social Security cuts and restructuring. The Social Security Administration warns of potential fund shortages by 2035.

Democrats advocate for raising the tax cap on high earners to strengthen the program.

  • kibiz0rEnglish
    121·
    1 day ago

    claiming it’s unsustainable due to long-term obligations exceeding tax revenue.

    Dude literally took over the system that allows the government to create money out of thin air, tellin us the government’s gonna run out of money.

    Also, your fake department is named after the first meme coin. Which you tried to pump-and-dump on live TV. Ponzi-scheming motherfucker.