Summary
Elon Musk suggested cutting Social Security, Medicare, and Medicaid in a Fox News interview, citing debunked claims about fraud and linking benefits to illegal immigration.
He falsely claimed millions of deceased individuals remain in the Social Security system, a statement previously refuted by officials.
While Trump has promised not to cut entitlement programs, Musk’s remarks indicate they are under threat, potentially impacting millions of Americans.
His rhetoric echoes far-right conspiracy theories, raising concerns about his influence on policy discussions regarding social safety nets.
While Trump has promised not to cut entitlement programs
And we all know how much Trump’s word is worth.
We also all know how much in charge of the White House he is too.
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ask for your taxes back.
Sorry Elon fired all the help desk.
Fwiw the website is still up and it still says I’ll get my tree fiddy
Social Security’s “trust fund” is an empty pit of debt obligations. Benefits to current recipients are paid with incoming payroll taxes. Any difference is made up with additional taxes or monetary inflation, by way of Treasury bonds. They “reinvest it in the economy” if there’s ever a surplus, e.g., through military contractors. It finances the national debt.
Putting aside the quirks of that setup, the basic function is that the taxes you pay in now are not an investment in your own future, you’re basically just paying for the retirement of older people now. The expectation is that someone down the road will then pay taxes to finance your retirement. Hence, how SS was able to start paying benefits almost immediately (3 years) after payroll taxes started being collected.
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Well, their interpretation is at odds with reality, and they should reconcile that. Regardless of what they told or what they believed, they paid into a system where they were forced to subsidize current recipients, while the system itself could be revoked at any point, leaving them high and dry, and not running into 14th Amendment issues or anything like that. See Flemming v. Nestor, 1960 - quoting Wiki:
Flemming v. Nestor, 363 U.S. 603 (1960), was a United States Supreme Court case in which the Court upheld the constitutionality of Section 1104 of the 1935 Social Security Act. In this Section, Congress reserved to itself the power to amend and revise the schedule of benefits. The Court rejected that Social Security is a system of ‘accrued property rights’ and held that those who pay into the system have no contractual right to receive what they have paid into it.[1]
Note that I’m not saying anything “should” be one way or another, besides that people should be fully aware how the current system works in law.
Money back plus interest. Decades and decades of interest.
Don’t ask, take!
So storm the federal reserve like area 51?
Just tack on a huge refund the next time you file your income taxes. With the cuts to the IRS they’ll likely never contest it…
You know, Elon Musk is a person with a neck.
A neck that’s awfully long. Maybe we could help him out and shorten it a bit.
And he thinks empathy is a flaw in humans, so…
This is a great point.
You, and all your ancestors, offspring, and reincarnations, have just been permabanned from Reddit.
Hooray!
Dubvee.org is going to have a field day of automated ban syncs with this thread.
I know some folks that can fashion a guillotine!
Many people are saying…
No way, a horrible person admits they probably might do something horrible after establishing a strong track record of doing horrible things?! I am SHOCKED. Who could have seen this horrible administration known for doing horrible things doing something horrible like this?
Finally admits what we knew all along. I’m shocked…absolutely shocked…wow…if I could get anymore shocked I’d be like 5 steps down from a single eyebrow lift.
Seriously…. Why the fuck is this clown allowed to cut ANYTHING?
The moment he cuts a single service someone depends on, he should be sued into submission. How is this happening?
Because the President and the Republican majority in the House and Senate are onboard with it, and that’s the authority driving it (mostly the President, but the reason that Congress isn’t objecting to or trying to block stuff is because they’re okay with it). Musk may be the face of the cuts — he doesn’t have to worry about re-election, unlike politicians — he has no authority of his own. His organization is just saying “this is what we should cut”, and the cuts happen under the President’s authority. Musk isn’t independently going out and cutting things.
Musk isn’t independently going out and cutting things.
It’s weird seeing this complete and utter bullshit being unironically spewed still. It wasn’t Trump that cut the air traffic controllers, or nuclear watchdogs, or infections disease investigators. It was Musk, and spreading this propaganda just helps protect Trump from allowing it.
If this does not really kick Americans into some gear, then absolutely nothing will.
Hi, the election just happened five months ago and there’s none for four years.
Apparently the context of my comment flew over your head and you tried sounding witty but ultimately looked dumb in the end. Congrats, now go away.
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Midterm elections are in two years. Those matter too.
But but they said they would never do this. Stupid fools.
The people threatening the cuts, or the people who believed them when they said they wouldn’t do that?
Yes.
Where do I get a refund on my social security payments I’ve put in my entire adult life?
(not so) fun fact: The average black male American never sees a penny from social security because the program is biased toward those who live long enough to reap the benefits of the program. So, despite paying in an entire working life, dying too young rewards you with a big fat nothing.
Also fun fact: I’ve been pulling made up statistics (also without any corroborating numbers) out of my butt since the last ice age!
What the fuck have you been smoking? Do you seriously believe that the average black male American will die before retirement age?
The average life expectancy of a black male in the US is 72 years. Are you saying they’re just choosing not to pull SS? Something doesn’t seem right with your stat.
I know you’re joking but for those that don’t understand:
When you pay in your Social Security each paycheck. That money is immediately handed out to another person. When you go to collect Social Security in reality, you’re justliving on somebody else’s money. You never see your money again. It really is just social welfare.
Elon Musk suggested cutting Social Security, Medicare, and Medicaid in a Fox News interview
February 11, 4 weeks ago:
https://www.newsweek.com/trump-administration-collapse-james-carville-2035164
Trump Administration Will ‘Collapse’ in 30 Days, Says James Carville
Carville advised Democrats to “play opossum” for now.
“This whole thing is collapsing. It doesn’t need Elizabeth Warren in somebody screaming to pacify some progressive advocacy groups in Washington,” the former top adviser to President Bill Clinton said. “Hold your fire. It’s going to be easy pickings here in six weeks, just lay back.”
I would have said that Carville was wrong, but if they do start taking big whacks at entitlement programs, this might actually manage it.
So, do I get back everything I paid into it for the past 40 years? Is that part of the plan? If not, who gets that money, let me guess.
I just retired after 40 years at over company, plus some college jobs. I’m 62, and social security was one of the things in my plan that made me decide I could retire My company was laying people off; I was secure, but my leaving allowed one more person to keep their job.
Now Trump is tanking my 401k and Elon is taking about cutting SS. I’ve never been more stressed about money.
Welcome to the financial life of a millennial who are experts at living in poverty thanks to the economy boomers like you benefited from. I wish we had an economy where a milkman salary could pay for a house and family like it was when you were growing up.
Me too! I’ve voted consistently liberal, including for every minimum wage hike on the ballot. Also, I’m on the very trailing edge of the boomer generation, and much of the era you’re talking about was before my time. I did reasonably well because I was a computer science grad when that was an earlier thing, but still, I had it easier than my kids (who we’ve tried to help a much a we can).
Let’s pretend he actually does do something to Social Security. There’s enough people around him all day that will entirely outraged by this to be safe at any time. Go ahead and try, motherfucker.
This is going to disproportionately affect MAGA voters.
My mom when the CoL bump to her SSDI survivors benefit bumped her over the poverty line and out of Medicaid eligibility:
“Because I got an extra $50 a month, I now have to pay $100 a month for insurance, plus copays! This is ridiculous!”
My mom when I pointed out that those thresholds haven’t been touched in decades because that would be helping people and helping people is bad:
“Well, I guess I can’t really complain, I’ve been treated well.”
Do not underestimate the vast amounts of copium reserves harbored by the brainwashed.
It’s best to just never, ever give magats the benefit of the doubt and just assume they’re trash people who deserve to be treated like the trash that they are
Yep.
Musk’s head is gonna be on the chopping block if he manages to make 20+ million Americans instantly homeless.
You’d think, Americans are more likely to turn on eachother in an attempt to feed themselves. Look how much billionaires have been screwing them for decades and they’d rather cry about culture war issues and get distracted by drones over NJ. Everything’s getting worse but “haha Jon Stewart made funny voices and pulled funny faces he should be president!” There would be organized mass suicides before an #OccupyBillionaires movement, wouldn’t be the first time either. Americans are literally hopeless.
