- cross-posted to:
- news@thelemmy.club
- cross-posted to:
- news@thelemmy.club
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.
Joe Rogan is watched mostly by young people, many of which are also too young to realize that cutting social security means they’re going to spend a good chunk of their adult life taking care of their parents until they die. That means paying for their housing or living facility, or having them live with you.
Reaching these young people to get this across to them is the tricky part.
Just let your parents starve to death on the street. Duh.
Care facilities are crazy expensive, too. You think rent is bad? Try $7000 per month. The national average for a care facility is $9000.