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In reply to the discussion: Social Security has never missed a payment. DOGE actions threaten 'interruption of benefits,' ex-agency head says [View all]LetMyPeopleVote
(173,912 posts)15. It's one thing for Musk to peddle bogus claims about imagined Social Security "fraud." It's something else when he targe
Its one thing for Musk to peddle bogus claims about imagined Social Security fraud. Its something else when he targets the system itself.
Elon Musk calling Social Security a âPonzi scheme' can't be shrugged off www.msnbc.com/rachel-maddo...
— (@jessicamullen.bsky.social) 2025-03-03T22:38:09.940Z
Link to tweet
https://www.msnbc.com/rachel-maddow-show/maddowblog/elon-musk-slams-social-security-ponzi-scheme-sparking-new-concerns-rcna194538
Elon Musks recent social media posts leave little doubt: He has been thinking about Social Security a lot lately. In fact, Donald Trumps biggest campaign donor and the head of the quasi-governmental DOGE operation keeps tweeting bizarre claims about alleged fraud and inconsistencies he thinks he has identified in the Social Security system......
But the problem is not limited to Musks falsehoods. After all, the fact that hes plainly wrong might not be consequential at all: Musk claims to have found fraud; reality proves otherwise; and we all move on with our lives. Right?
Well, maybe not. Making matters worse is the apparent fact that the donor helping run the executive branch in 2025 has a problem with the Social Security system itself. USA Today reported:
And its at this point where the offensive becomes tougher to shrug off
Indeed, lets take stock. Trump has put his top campaign donor in a position of enormous authority, despite Musks unfamiliarity with basics of governing. This same donor regularly peddles falsehoods about Social Security, keeps suggesting there are people receiving benefits checks that shouldnt exist, is helping advance thousands of layoffs at the Social Security administration and, in case that werent quite enough, is condemning the structure of the popular social insurance program.
Itd be tough to blame someone who relies on Social Security for feeling a bit nervous right about now.
You dont need to scratch your head and wonder whats going on when you see that the Trump administration is decimating Social Security offices and staff, Senate Minority Leader Chuck Schumer said in a statement. And you dont need to ponder what might happen next when Elon Musk, the richest man in the world, says that the tens-of-millions of seniors, families, and children who depend on these earned benefits are part of some scam because thats a real threat and a real promise: they are coming for your Social Security.
But the problem is not limited to Musks falsehoods. After all, the fact that hes plainly wrong might not be consequential at all: Musk claims to have found fraud; reality proves otherwise; and we all move on with our lives. Right?
Well, maybe not. Making matters worse is the apparent fact that the donor helping run the executive branch in 2025 has a problem with the Social Security system itself. USA Today reported:
Elon Musk sharply criticized Social Security in a Friday podcast interview with Joe Rogan, labeling the critical elder benefits program a Ponzi scheme. Musk, who is the worlds richest man and an increasingly powerful adviser to President Donald Trump, also described the federal government as one big pyramid scheme. Musk is a leading figure in the administrations effort largely through the Department of Government Efficiency to cut costs and dismantle the federal bureaucracy.
And its at this point where the offensive becomes tougher to shrug off
Indeed, lets take stock. Trump has put his top campaign donor in a position of enormous authority, despite Musks unfamiliarity with basics of governing. This same donor regularly peddles falsehoods about Social Security, keeps suggesting there are people receiving benefits checks that shouldnt exist, is helping advance thousands of layoffs at the Social Security administration and, in case that werent quite enough, is condemning the structure of the popular social insurance program.
Itd be tough to blame someone who relies on Social Security for feeling a bit nervous right about now.
You dont need to scratch your head and wonder whats going on when you see that the Trump administration is decimating Social Security offices and staff, Senate Minority Leader Chuck Schumer said in a statement. And you dont need to ponder what might happen next when Elon Musk, the richest man in the world, says that the tens-of-millions of seniors, families, and children who depend on these earned benefits are part of some scam because thats a real threat and a real promise: they are coming for your Social Security.
Musk and trump are going to try to cut Social Security, Medicare and Medicaid
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Social Security has never missed a payment. DOGE actions threaten 'interruption of benefits,' ex-agency head says [View all]
uberblonde
Mar 2025
OP
Could it happen? Sure. Will it happen, not likely. The moment they miss a payment, the whole world tanks.
Silent Type
Mar 2025
#2
That deficit has been projected in every SS Trustee's Report since at least Obama. Obama tried to do something,
Silent Type
Mar 2025
#14
That's a loss of 12 billion a month out of the economy which will cause a few million more to lose their jobs.
cstanleytech
Mar 2025
#9