Musk pushes changes to Social Security

[riversedge]

Musk pushes changes to Social Security
https://www.msn.com/en-us/money/retirement/musk-pushes-changes-to-social-security/ar-AA1Df74t?ocid=winp1taskbar&cvid=93649f5dfc794c96ad261c43eb95f982&ei=30


Story by Diego Pérez Morales • 18h •



In the United States, the figure of Elon Musk is often surrounded by controversy and big headlines. This time, the entrepreneur has once again caught the attention after an interview on Fox News, where he claimed that his reforms under the so-called “Department of Government Efficiency” (DOGE) will ensure that the legitimate beneficiaries of Social Security get more money. ..................


...And most importantly, Musk’s statements do not seem to be backed up by the actual functioning of the system...............

Elon Musk’s promise is based on the idea of eliminating fraud, waste, and abuse within the Social Security Administration (SSA). However, according to Chris Orestis, retirement expert and president of Retirement Genius, that premise is based on a misperception.

“There is no solid evidence that large sums are being paid to people who do not deserve them,”
............................

But even in the hypothetical case that ‘extra’ funds were found, that would not allow for an automatic increase in benefits. As Orestis explained, the only mechanism for increasing Social Security payments is the cost-of-living adjustment (COLA), which is calculated each year according to inflation levels.......


How Social Security benefits are calculated?

These do not depend on the size of the trust fund or the number of employees in the SSA, but on the income that each person has had throughout their working life. To change that formula, Congress would have to pass a law, which is not on the table at the moment.

[no_hypocrisy]

1. Someone stop this sociopath!

[Kid Berwyn]

2. The Big Lie

The "big lie" is a concept suggesting that a falsehood can gain acceptance if it is repeated frequently and is grand enough that individuals cannot fathom its untruth. This idea has historical roots, notably attributed to Adolf Hitler’s writings in his 1925 manifesto, *Mein Kampf*, where he argued that larger lies are more believable than smaller ones. The Nazis effectively utilized this concept to scapegoat the Jewish population, ultimately justifying horrific acts during the Holocaust. In contemporary contexts, the big lie continues to manifest in political discourse, with notable examples including former President Donald Trump’s claims about the 2020 election being "stolen" and Russian President Vladimir Putin's assertions regarding Western threats prior to the invasion of Ukraine. Psychologists explain the enduring appeal of the big lie by suggesting that the human mind often prefers comforting falsehoods over inconvenient truths, leading to the acceptance of repeated statements regardless of their factual basis. This phenomenon highlights the challenges in discerning truth in environments rife with misinformation.

Published in: 2022

Source: https://www.ebsco.com/research-starters/social-sciences-and-humanities/big-lie

[Turbineguy]

3. It's a version of

"We cheat the others and pass the savings on to you!"

[dweller]

4. This unelected buffoon has zero credibility, nor even a legitimate argument

About anything , much less government policy or the mechanisms that comprise it .
He is just an overindulged oligarch with an overinflated ego and needs to be ignored at every instance when he blathers . He needs to be removed from every level of our government and taxed into poverty .

Plus he’s a dickhead and a drug addict .


✌🏻

[J_William_Ryan]

5. "...that premise is based on a misperception."

That premise is based on wrongheaded conservative dogma, ignorance, and lies.

[yellow dahlia]

6. He doesn't have a modicum of understanding of how Congress and government works.

He is unhinged, and riding an unguided missile that is taking us into destruction.

[doublethink]

7. "legitimate beneficiaries of Social Security get more money."

Same line of bullshit propaganda as this cartoon exposes. Just replace the 'foreigner' with any other hard working whomever paying into the system ... same ol shit making up a bunch of people 'us' cheating the system instead of these billionaire cronies who are actually doing it.



What the actual f%^K! No it's not my fellow hard working Americans who are cheating the system. It's YOU musk and your billionaire cronies who won't pay you fair share. Stop trying to divide us with your made up bullshit. Get real and admit you are a crook. Shit pisses me off.

[kimbutgar]

8. Ironic that the median age for fox viewers is 68 years according to this report

So these viewers are ok with losing social security?

But I know Fox wouldn’t report this about muskrat wanting to destroy it.

https://medium.com/@hrnews1/report-the-median-age-for-fox-cnn-msnbc-viewers-is-around-70-years-old-8281dfcc641d