There Won't Be Money For Social Security': The Muskrat Tells Joe Rogan

[Yo_Mama_Been_Loggin]

Elon Musk doesn't shy away from big ideas or bold predictions, but his latest warning is a wake-up call for America.

During a recent appearance on The Joe Rogan Experience, Musk pulled no punches when discussing the U.S. economy. His verdict? The country is heading toward financial collapse if drastic action isn't taken.

"We're drowning in debt," Musk said, referring to the $36.14 trillion the U.S. owes, as reported by the Treasury Department. He explained that interest payments alone comprise 23% of all federal revenue. "If this keeps up, the entire government budget will go to paying interest. That means no money for Social Security, no Medicare, nothing. America would be toast."

Musk's warning hit a nerve and for good reason. Interest payments on the debt are already skyrocketing. In 2024, the government spent over $1 trillion on interest – a staggering figure compared to $4.92 trillion in total revenue.

https://finance.yahoo.com/news/wont-money-social-security-elon-130218440.html

Because fat cats like you don't pay your fair share. We had a balanced budget 25 years ago then Bush II got massive tax cuts for billionaires while invading Iraq on a credit card. The Mango Mussolini continued this in his first term.

[dalton99a]

1. Extending the Trump tax cuts would add $5 trillion to the national debt.

But Musk and the billionaires demand it.

[kimbutgar]

52. Which would cause the country to collapse leading to a massive takeover by lender oligarchs!

Sadly they know what they’re doing but we must resist, and fight them back!

[Skittles]

2. he's pimps for a party that celebrates tax cuts for the obscenely rich

FUCK HIM

[WarGamer]

3. What he said is factual...

That's what the debt is and that is the cost of servicing the debt.

As stated above... taxing the wealthy won't hurt.

[aggiesal]

54. Social Security is not part of the general fund, so it's not in the budget. ...

Social Security is self funded by us and our employer.

[3auld6phart]

57. Even

I know that. Some one should tell that apartheid mongrel musk that.

[multigraincracker]

4. When the masses become hungry.

They will eat the rich.

Be warned Eloon.

[sinkingfeeling]

5. Then why doesn't he and his fellow billionaires pay a lot more in taxes?

[republianmushroom]

6. Then there sure and hell shouldn't be money for tax cuts.

[Evolve Dammit]

26. X 100000000000!

[Picaro]

7. Why are we drowning in debt?

Because losers like you don’t want to pay a reasonable tax rate.

[Morbius]

8. I'm an old man.

62 years old, going on 63. I've noticed something over the years: when a Democrat holds the White House, federal debt is a huge problem. When a Republican holds the White House, they don't talk about the debt.

Increasing the disparity between rich and poor won't help anyone.

[sakabatou]

9. "Fuck the poor! Long live the oligarchy!" -Muskrat, probably

[chouchou]

10. Boy! This is the first time we've heard this. My point being, as I've shouted to the rafters for...

...just about ever. >>Why do we continue to elect very aging people to run our lives? They keep doing-it-wrong, simply because that when the proverbial shit hits the fan, they'll be either dead or in a home thinking they are living on Mars. If we elected older Democrats, I damn sure wouldn't worry about the future. But, as we know, Republicans don't give a crap, regarding what happens to the masses...in the future.

[delisen]

12. But the young Republicans are just as bad or worse. How do you explain that? nt

[chouchou]

15. If the young Republicans screwed up everything..(like the older right-wingers)...

..we could go after them like the towns-people in Frankenstein. ...or worse..

[mahina]

21. all those pesky voters?

Otherwise helped by campaign finance systems...

[chouchou]

59. I have secret plans.

[delisen]

11. We have t tax where the money is. In the pockets of billionaires like Musk

A lot of characters became billionaires because they lobbied against enforcement of anti-monopoly laws. Now it’s time to pay and they once again want to stick us with their bills.

Musk who came to US under false pretenses needs to be deported.But if he has been working against us with China, Russia, or both he needs to be brought to justice and jailed.

[delisen]

38. We have multi billionaires Simple billionaires are just pikers today.

If we do not tax them the multi billionaires leave estates creating many more billionaires. (How many heirs does Musk alone have)?

As it stands today the top 3 richest Americans have as much money as the bottom 50 percent of Americans. At the rate new legacy billionaires get created it won’t take long for the billionaires to gobble up our entire society.

Kind of reminds me of Fibonacci and his rabbits. It is not sustainable or compatible with a democracy.

[womanofthehills]

46. Sounds like Elon paid around $11 billion in 2021

After barely paying anything for years.

And will have to pay way way more this yr.

“ New York
CNN Business
—
“Elon Musk has repeatedly bragged (or, perhaps, complained) that he’ll pay more in federal taxes for 2021 than anyone has ever paid — about $11 billion. But Tesla apparently won’t pay a cent.”

https://www.cnn.com/2022/02/10/investing/elon-musk-tesla-zero-tax-bill/index.html

“Elon Musk’s Tesla Pay Deal May Spark a Record $73B Tax Bill”

https://www.msn.com/en-us/money/economy/elon-musk-s-tesla-pay-deal-may-spark-a-record-73b-tax-bill/ar-AA1vXnTh

[efhmc]

13. Then I want my many years of your taking money from my paycheck and add the many years of interest and give

that total back to me.

[Red Mountain]

17. And I want my employer contribution, too

because that would have been money for me if they hadn't been forced to give it to the government.

[Baitball Blogger]

14. Wake me up when he figures out that our debt problem would go away if billionaires paid their fair share.

Wouldn't it be great if a real reporter brought it to his attention.

[GB_RN]

60. Not Just Billionaires.

Need to make sure the mega corporations pay their fair share, too. There are plenty of documented cases where well known, multibillion dollar per year corporations paid little or no taxes on said income - and in at least one case, got a refund, for a net negative effective tax rate.

[MayReasonRule]

16. Here's To Elon Rottin' Out His Ass... The Same Place He Speaks From And His Sense Of Taste Resides.

May Darwin serve us well and quickly.

[Red Mountain]

18. They're going to ram this through with as much

fast talking as it takes.

If we let them.

[whathehell]

39. They will not get it through Congress..

Who's going to vote for someone taking their Social Security and/ or Medicare away?

[Deuxcents]

19. Why don't these reporters remind him and others that SS n Medicare are earned benefits, not entitlements

[Evolve Dammit]

31. They just don't do real interviews anymore? Just let them spew alternative facts

[Silent Type]

20. He's right in that no one has addressed the Debt/Deficit in decades. However, there are other ways to do that

other than just slashing benefits.

Obama tried to address SS, but he was bashed for the so-called “cat food commission” that would have bolstered SS benefits for those on lower end of scale.

[Blue_Tires]

23. Republicans don't give a flying fuck about "the deficit"

Donnie by himself increased it 25% in one term; his cultists didn't care...

Bill Clinton left America with a surplus but nobody cared and then Bush Jr. immediately pissed away the surplus in the form of a tax cut and rebate check...

[Evolve Dammit]

32. And Cheney said "deficits don't matter."

[Silent Type]

61. To be fair, Cheney's comments were in the context of in politics "deficits don't matter."

I think he probably meant that voters don’t really care about deficits. Cheney is still a POS.

But, in the context of an increasing portion of tax revenues going to debt interest— in a political era where it’s almost impossible to increase taxes and revenues — it should be concerning.

[Evolve Dammit]

65. Our current crisis goes back to those cretins and the "unitary executive" creating

"Their own reality." They led the way to where we are today.

[Blue_Tires]

22. I wonder what all those working class Trumper white folks

Have to say about the richest man in history stealing social security and medicare just so the billionaire boy's club can pay even less in taxes? And then buy even more elections with that extra money?

[Hugin]

24. Somehow there's enough money for a trillion dollar vanity trip to Mars and not enough for Grandma's pin money?

That doesn’t seem very efficient to me, but I am not a genius.

I suppose the most efficient thing to do is get that Musk fucker away from the cash register.

[angrychair]

25. I pay for my Social Security

It's literally against the law for taxes to supplement Social Security. There is no "budget" to cut there.

[brush]

27. Muskrat doesn't seem to know how the House works. No way, with...

a narrow majority, will some rethugs in blue and purple districts, vote to take away earned benefits that workers have had deducted from their paychecks their whole working lives.

Being a rich boy who inherited money, he doesn't understand that many seniors who get SS vote red.

Maybe being from apartheid S.A. clouds his mind.

[Bluethroughu]

28. Seize Eloons assets pay down the debt and deport him for fraud.

He broke the immigration law.

[LisaL]

30. No money for social security, but plenty of money for his tax cuts?

All righty then.

[Buddyzbuddy]

33. Leon's acting like a boxer

setting us up for the knockout. Touch, touch, JAB!
He can have all the ideas he wants, he's not the one that's going to take the fall. It will be elected officials. Leon is the guy poking the bear and running before anybody else knows. And they're left behind to get eaten.

[milestogo]

34. How can we afford to deport millions of immigrants?

Not to mention the devastating impact it will have on the economy.

[paleotn]

36. We can't so we won't.

[paleotn]

35. Elmo is spouting bullshit again.

His native language. I think it's a dialect of Afrikaans.

I remember when W thought he had enough "political capital" to modestly fuck around with Social Security. He found out quite quickly that there's not enough political capital in the universe. Think about that the next time they trigger you with an "oh my god!" moment. Chill, people. Pay attention, but don't be in auto freak out mode. Not good for your coronaries and you're doing exactly what they want you to do.

[Deuxcents]

37. Agree

[PortTack]

40. +1000

[Dan]

41. It won't be pretty when the Government breaks the social contract with its citizens.

[MissB]

49. Depression 2.0

Not to mention massive civil unrest.

[SunSeeker]

42. We would be fine if the rich paid their fair share of taxes! Lift the cap on SS taxes!!

[jmbar2]

43. Something is missing from the debate...

Their budget pie charts always show "entitlements" vs some hodgepodge of other expenses to emphasize how large a proportion they are.

Those pie charts never show corporate welfare, or subsidies to industry. Why not?

Compare:


Corporate Subsidies
]

[alarimer]

44. It is OUR MONEY!

What a colossal piece of shit Elon Musk is.

[PikaBlue]

45. Social Security Does Not Add to the National Debt

Social Security has it's own budgetary system. It is against federal law for the program to add to the nation's debt. The elites want to eliminate the program because employers are required to pay into it. They want the money for themselves and their shareholders. The whole "Social Security adds to the national debt" mantra is untrue.

[slightlv]

51. It's an absolute MUST that they make us

believe what they say, tho... no matter WHAT the truth is. And the problem I see, is when those of us in this generation of Boomers dies out, there's no one left who's going to remember what and how FDR set up. All the younger generations have heard is the lie. We should be screaming bloody murder about Social Security and Medicare and yelling to keep their hands off OUR earned money from every media outlet we've got. They tripped the lockbox once... we should scream never again. You're directly stealing our earned income and passing it to your rich friends. Hands off my retirement!

[slightlv]

47. If hypocritical fat cats like him would shut up and

pay their fair amount of taxes like the rest of us, we wouldn't have this problem. But NOOOO... it's always everyone else who has to suffer. The rich have to keep on getting rich. Just being rich isn't enough for them! Thatcher did this with Great Britain and I do swear, it led directly to Brexit. Now, so much is dying over there they'll never again be the great country they once were.

[OMGWTF]

50. I am sure that Putin was behind Brexit too. Anything to weaken the Western Alliance.

[OMGWTF]

48. Even if the rich pay more than their fair share of taxes THEY WILL STILL BE RICH.

There should be no such thing as a billionaire.

[Jit423]

53. Then give back all those tax breaks Trump gave you and retro pay your fair share of taxes

Stop handing out billions to political allies across the board and do something constructive with your money.

[Kingofalldems]

55. Trump's hall monitors seem to agree with Musk.

[onecaliberal]

56. Let's take ALL corporate subsidies away tomorrow.

[Cha]

58. Three Sure As Shit Will Be you Mother FUcking Psycho.

Not gonna throw Millins out into the Streets.. GD Fish Head...

How you like Mump now you Sucker magat Shit for brains.

[Jeebo]

62. Whom do we owe all that money TO?!?!

If the federal government wrote checks tomorrow to pay off all of that national debt, WHOM would those $34 trillion in checks be made out TO? That question is the elephant in the room that nobody ever says anything about when this issue is being discussed.

-- Ron

[Cha]

63. Keep Our Social Security OUT of you GD FISHFACE,

Nazi Psycho.

[AncientOfDays]

64. That's not how SS works

SS has it's own dedicated revenue stream. It is not part of the National Debt or even budget spending.

[Johonny]

66. Musk in his life has never refused a government check

I'm sure Joe Beta Rogan informed him of that. Indeed, Musk has sued the government when he thought fat daddy wasn't giving him enough cash.