Elon Musk versus Social Security
CURRENTLY AMERICANS WHO EARN MORE THAN $174,000 A YEAR DO NOT PAY SOC. SEC. TAXES!! RAISING THE SOC. SEC. CAP WILL FUND SOC. SEC. FOR THE NEXT 100 YEARS!!
DailyBeastie.Com
3/3/20255 min read


Musk calls Social Security a Ponzi Scheme and like all Republicans and moderate Democrats warn that Social Security will "go broke" in the next decade IF WE DON'T CUT SOCIAL SECURITY! - INSTEAD OF SUPPORTING THE WELL-KNOWN PROGRESSIVE SOLUTION: RAISE THE CAP ON SOC. SEC. to fully fund Social Security for the next 100 years.
Did you know that Republicans and Democrats passed a law that EXEMPTS people who earn $174,000 OR MORE FROM PAYING SOCIAL SECURITY TAXES!!!!?????
The ONLY VOTERS who pay Social Security taxes are people who earn LESS THAN $174,000 A YEAR!!
People who earn MORE THAN $174,000 a year DO NOT PAY SOCIAL SECURITY TAXES!!
People who earn more than $174,000 a year OPPOSE PAYING SOCIAL SECURITY TAXES and thus OPPOSE RAISING THE CAP to fully fund Social Security for the next 100 years.
For the past twenty years Bernie Sanders has been calling on Democrats to RAISE THE CAP to fully fund Social Security for the next 100 years, BUT BIDEN AND MODERATE DEMOCRATS OPPOSED RAISING THE CAP ON SOCIAL SECURITY!!!
This fact bears worth repeating and restating: Joe Biden and Democrats had a majority in the House, Senate and a Biden in the White House but Biden and Democrats OPPOSED RAISING THE CAP ON SOCIAL SECURITY for people who earn more than $174,000 a year!
Barack Obama and Democrats had a majority in the House, Senate and an Obama in the White House, but Obama and Democrats OPPOSED RAISING THE CAP ON SOCIAL SECURITY for people who earn more than $174,000 a year!
Biden, Obama, Hillary and moderate Democrats ridiculed Bernie Sanders for fighting to RAISE THE CAP ON SOCIAL SECURITY!!!!
What's more outrageous? Democrats not supporting and calling to RAISE THE CAP on people earning $174,000 a year to fully fund Social Security for the next 100 years?
Or the U.S. corporate media not reporting Bernie Sander's twenty year campaign to RAISE THE DAMN CAP ON SOCIAL SECURITY?
Of course rich people like Elon Musk get a lot of mileage out of warning voters that Social Security will go broke if we don't cut Social Security -- PRECISELY BECAUSE Musk would rather CUT SOCIAL SECURITY than Elon start paying Social Security taxes on Elon's income.
This is why voters need to support a new political party if voters ever want change from what Republicans and Democrats have been doing, not doing and/or continue to do.
Democrats and Republicans will never GET BIG DONORS OUT OF U.S. ELECTIONS.
Democrats and Republicans will never vote for federal funding of ALL federal campaigns.

Elon Musk: "Social Security is the biggest Ponzi Scheme of all time.
Basically people are living way longer than expected....and, uh...there are fewer babies being born...so you have more people who are retired and live for a long time and get retirement payments so the future obligations...so however bad the financial situation is right now for the federal government it will be much worse in the future."




MSNBC's Jose Ballarte asked Republican Marc Short what he thought about Elon Musk calling to cut Social Security?
Republican Marc Short said: "A lot of Americans realize that we're $36 trillion in debt and we actually do need to be cutting some of these government programs."


Republicans and the corporate legacy media do not talk about RAISING THE CAP on Social Security to fund Social Security for the next 100 years, because Republicans and the corporate media represent people who earn more than $174,000 a year because RAISING THE CAP would make people who earn more than $174,000 a year START PAYING SOCIAL SECURITY TAXES.
People who earn more than $174,000 a year pay no Social Security taxes.
Elon Musk, Jeff Bezos, Bill Gates ALSO PAY NO PERSONAL FEDERAL INCOME TAXES because they declare ZERO INCOME. They get their spending cash from borrowing on assets or stocks.
Ask Bernie Sanders why Biden and moderate Democrats joined with Republicans to OPPOSE RAISING THE CAP ON SOCIAL SECURITY!!!!!!!!
For the past twenty years Bernie Sanders has been calling on Democrats to RAISE THE CAP to fully fund Social Security for the next 100 years, BUT BIDEN AND MODERATE DEMOCRATS OPPOSED RAISING THE CAP ON SOCIAL SECURITY!!!


MSNBC Jose Ballarte asked New York Times reporter David Fahrenthold: "You have new reporting that DOGE has taken credit for killing government contracts that were already dead?
David Fahrenthold: "That's right, a lot of them. When you look at DOGE's "Wall of Receipts" some of the biggest contracts were for things that had been cancelled or work had ended in 2005 or 2006, or some a little later under Biden or Obama. DOGE said we saved tens of millions by cutting these programs, but the fact is they were long dead."
MSNBC Jose Ballarte: "So they have been eliminating jobs, right?"
David Fahrenthold: "Right. But the question is, Do they know what they're doing?
The one place they post their work is their "Wall of Receipts" that shows all the contracts they say they've cancelled and how much they've saved by cancelling them.
It's been full of mistakes. Many of their largest items on there have been just plain wrong."


Even if Musk replaced every federal worker with a Tesla robot, 99.4% of the U.S. budget would remain untouched and unchanged, precisely because the entire federal workforce labor cost is less than one per cent of the federal budget.
SpaceX and the Pentagon go scott free as Congress just INCREASED U.S. defense spending by $150 billion in 2025 - right in the middle of Musk budget cutting and firing of federal workers.
By the way, SpaceX is a U.S. defense program project.
And you thought vertical landing rockets were for "space tourism." jesus........
The purpose of vertical landing rockets is to facilitate weapons delivery within an hour to any remote location on Earth or at sea.
The very purpose of SpaceX and vertical landing rockets is to REPLACE the 3,471 aging U.S. Air Force cargo planes that the U.S. military has been using for decades to deliver U.S. weapons shipments worldwide.
DailyBeastie.Com OPPOSES increased U.S. defense spending and worldwide U.S. military expansionism and bullying, while Trump, Musk, Republicans and Democrats support increased U.S. defense spending and worldwide U.S. military expansionism and bullying.
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