Elon Musk Calls Social Security a Ponzi Scheme

Elon Musk calls Social Security a 'Ponzi scheme,' sparking Dem concerns over key benefit
The world's richest man argued that the retirement and disability benefit system poses a significant financial risk to America's future.
Elon Musk Accused of Social Security 'Disinformation Campaign'
The tech billionaire said Social Security is "the biggest Ponzi scheme of all time" during a podcast with Joe Rogan last week.
What did Elon Musk say about Social Security? Concerns are growing over this key benefit
Elon Musk has once again sparked national debate, this time by criticizing Social Security as "the biggest Ponzi scheme of all time" during an appearance on The Joe Rogan Experienc
'Vampires' in Social Security data? Here's what to know after Elon Musk claims SSA fraud
Elon Musk falsely claimed there were tens of millions of people aged 100-159 still receiving Social Security benefits.
Elon Musk's Social Security Remark Rebuked by Alexandria Ocasio-Cortez
Musk called Social Security a "Ponzi scheme," a remark that has drawn significant backlash from Democrats and critics.
Elon Musk Issues Update on Social Security: 'Increasingly Optimistic'
Elon Musk has said that Social Security benefits could increase as the Department of Government Efficiency (DOGE) continues its investigations into the Social Security Administration (SSA).
Elon Musk's DOGE website lists Nashville Social Security office among cuts
Elon Musk's efforts to slash federal spending may be taking aim at a Nashville office that serves thousands of retirees, people with disabilities and children who have lost parents.
Elon Musk’s chart doesn’t prove millions of centenarians fraudulently get Social Security benefits
Ronald Gunia, a retired longtime director in the Social Security Administration Office of Inspector General who worked on the 2015 and 2023 reports, said that incomplete data can increase chances for fraud, and that Musk was correct to highlight data problems that remain unresolved despite years of audits.
Musk’s DOGE descends on Social Security Administration
Elon Musk’s team has descended on an already understaffed Social Security Administration, which now faces further workforce cuts and closures of vital local offices.
Elon Musk Calls Social Security 'The Biggest Ponzi Scheme Of All Time'
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.
Great News, America! Elon Musk Is ‘Crawling’ Through Your Social Security Data
The first step to getting rid of Social Security or completely remaking it is to get Americans to mistrust a widely popular system. Elon Musk is trying to do just that. Great News, America! Elon Musk

Elon Musk, Trump and federal spending

The Hill13d
Elon Musk is coming for your Social Security
The only efficiency Elon Musk cares about is how efficiently he can take ... The hardworking civil servants at the ...
Social Security Administration could cut up to 50% of its workforce
The Social Security Administration is preparing to lay off at least 7,000 people from its workforce of 60,000 — and the final ...
Social Security was already dealing with backlogs. Employees warn job cuts could worsen services.
"We are already short-staffed as it is,"one Social Security Administration employee said of the agency's plans to slash its ...
Social Security workers axed, new Musk email coming. What to know about Trump's layoffs.
Thousands of federal workers are out of a job, and further cuts are expected. Meanwhile, a federal judge has blocked the ...
New Republic3dOpinion
Elon Musk Is Already Using His New Power to Make Himself Even Richer
Elon Musk’s net worth dropped by $22.2 billion on Tuesday, suggesting that the markets don’t have nearly as much confidence ...