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.
We should make 10 nukes and retire all armed forces. Then we just tell the world… We got 10 solutions to your problem. And just focus on getting more of those nukes up in space. That should make enough money to pay for social security, back rubs and happy endings. Probably toss in some NPR and educational funding.