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Elon Musk slams Social Security as a ‘Ponzi scheme,’ sparking new concerns

Elon Musk called Social Security 'the biggest Ponzi scheme of all time' during an interview with Joe Rogan, provoking criticism from Democrats like Alexandria Ocasio-Cortez.
About 71.6 million individuals received benefits from programs run by the Social Security Administration in 2023, and the SSA warns that it may not pay full benefits by the mid-2030s due to funding issues.
A report indicated that Social Security's trust funds may not cover full benefits starting in 2035, leading to questions about its financial sustainability.

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Variety

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Jon Stewart Officially Invites Elon Musk On ‘The Daily Show’: ‘The Interview Can Be 15 Minutes, an Hour, Two Hours, Whatever’

Jon Stewart has officially extended an invitation to Elon Musk to come on 'The Daily Show.'

4 hours ago·Los Angeles, United States

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PIX 11

Trump administration to downsize Social Security Administration

NEW YORK (PIX11) -- Elon Musk, the world's wealthiest person, who is also a senior advisor to President Donald Trump, is now setting his sights in recent comments on the Social Security Administration (SSA). "Social Security is the biggest Ponzi scheme of all time," said Musk. More Local News But in front of the local SSA office in Harlem, Steve, said Musk is something else – a threat. "I'm going up in there right now. You gotta be concern…

7 hours ago·New York, United States

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Newser

Democrats Say Musk Showed Social Security Is a Target

The world's richest man has called Social Security a "Ponzi scheme," drawing outrage from Democrats while possibly undercutting his boss. "There are fewer babies being born," Elon Musk told Joe Rogan on his podcast Friday, "and you have more people who are retired that live for a long time and...

7 hours ago·Miami, United States

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Palmer Report

Elon Musk’s Ponzi scheme

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7 hours ago·Los Angeles, United States

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Daily Kos

Musk’s Social Security nonsense is not going over well

Elon Musk appeared on Joe Rogan’s almost unlistenable podcast Friday to do some damage control for his illegal attacks on U.S. government agencies, and he didn’t miss the opportunity to also ...

9 hours ago·United States

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The Belgrade News

Elon Musk calls Social Security 'Ponzi scheme'; Former SSA administrator worries about ‘benefit check interruptions’ amid Trump DOGE moves

Elon Musk, the billionaire businessman who has become a top advisor to U.S. President Donald Trump, called Social Security “the biggest Ponzi scheme of all time” Friday during an appearance on Joe Rogan’s podcast.

11 hours ago

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