Musk has his eyes on Social Security
Trump says that he won’t touch benefits. But he’s all for Elon eliminating waste. fraud and abuse in the program, all of which is defined by Elon.
Here’s what he thinks of the program:
The billionaire argued Friday on “The Joe Rogan Experience” podcast that the United States government is “one big pyramid scheme” before blasting Social Security as “the biggest Ponzi scheme of all time.”
When asked to clarify, Musk said, “Well, people pay into Social Security and the money goes out of Social Security immediately, but the obligation for Social Security is your entire retirement career. If you look at the future obligations of Social Security, it far exceeds the tax revenue.”
Musk, who oversees Trump’s cost-cutting initiative for federal spending, the Department of Government Efficiency, added that “people are living way longer than expected” and thus the government’s obligation to pay the debt “will be much worse in the future.”
After seeing the Republicans all cozy up to Putin and allow Musk to eviscerate the federal workforce I’m sure they’ll let him do whatever he wants with Social Security too. They are completely gone. So I’m not sure what can stop him if he decides it’s got to be severely slashed. Trump? Because he “promised?” Lol.
By the way, there’s already trouble on the way:
Social Security has never missed a benefit payment since the program first began sending individuals monthly benefits more than eight decades ago. But the recent actions at the U.S. Social Security Administration by Elon Musk’s so-called Department of Government Efficiency are putting monthly benefit checks for more than 72.5 million Americans at risk, former commissioner and former Maryland governor Martin O’Malley told CNBC.com.
“Ultimately, you’re going to see the system collapse and an interruption of benefits,” O’Malley said. “I believe you will see that within the next 30 to 90 days.”
Ahead of any interruption in benefits, “people should start saving now,” O’Malley said.
The Social Security Administration uses multiple systems and technologies that Elon Musk has criticized for leading to errors. As commissioner, O’Malley told Congress the agency needed more funding for IT modernization.
O’Malley said DOGE leaders are now making changes at the agency, and significant staff cuts have already led to system outages. Those intermittent IT outages may happen more frequently and for more extended periods of time until there is a “system collapse and an interruption of benefits,” he said.
Feature not bug I’m afraid.
That will just be from Elon and Big Balls and the boys messing around with the technology. The problem will be exacerbated by laying off the 50% of the workforce Social Security as they’ve already announced. If you don’t get your check, good luck getting anyone on the phone to report it.
Once they start finding “fraud” the fun really starts.
Update– oops, looks like he’s already on it. We’re fucked.
