Source: Inequality.org
by Sam Pizzigati
“Why is Elon Musk, the richest man in the world, hyperventilating about Social Security? Why is he inventing unhinged tales about ‘fraudulent’ hordes of Social Security grifters? Why is his DOGE chopping away staffers at the already understaffed Social Security Administration? Let’s start with the political reality that most Americans see Social Security as absolutely essential to their future financial security. These average Americans, Musk and his like-minded super wealthy fear, are eventually going to start demanding that America’s rich pay a far bigger share of the revenue Social Security so desperately needs. What are these rich paying now into Social Security? Peanuts.” [editor’s note: What ‘the rich” pay in is capped, but so are the benefit payments they receive. Pizzigati is just upset that his favorite Ponzi scheme can’t fleece bigger “investors” at a higher rate because REASONS – TLK] (03/25/25)
https://inequality.org/article/could-elon-musk-actually-destroy-social-security-as-we-know-it/