Elon Musk Blasts Social Security as ‘Ponzi Scheme,’ Drawing Democratic Criticism

Elon Musk called Social Security a “Ponzi scheme” during a podcast with Joe Rogan, sparking backlash from Democrats. He also likened the federal government to a “pyramid scheme” while pushing for bureaucratic cuts as a key Trump adviser. Social Security, a New Deal-era program, funds retirees and others through payroll taxes.

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