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Elon Musk recently went to Joe Rogan’s podcast to talk about Social Security.
If you ask me, one big pyramid scheme of government is the biggest Ponzi scheme ever. Ah, um, people pay social security. Beyond that, um, much more tax revenue.
If you ever saw a debt, debt watch, it’s fine. We have debts today, but we have obligations for the future. So, looking at the future obligations of Social Security, um, um, the actual, um, national debt is like twice as much, and what people think of for future obligations.
you know. So basically people live far more than they expected. Umm, um, there are fewer babies born, so more and more people are retiring and getting it. Future obligations. But how bad is the current financial situation for the federal government, it will become much worse in the future.
Social Security is not a Ponzi scheme as all American workers have been paid to the system since the program was established. No one has paid for the system. You will benefit when you reach retirement age.
Musk showed his fundamental ignorance about how the most basic programs of government programs work.
Rep. Alexandria Ocasio-Cortez (D-ny) tore the musk with X:
