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Yo_Mama_Been_Loggin

(116,898 posts)
Sat Jan 4, 2025, 07:18 PM Saturday

There Won't Be Money For Social Security': The Muskrat Tells Joe Rogan [View all]

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.

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Extending the Trump tax cuts would add $5 trillion to the national debt. dalton99a Saturday #1
Which would cause the country to collapse leading to a massive takeover by lender oligarchs! kimbutgar Saturday #52
he's pimps for a party that celebrates tax cuts for the obscenely rich Skittles Saturday #2
What he said is factual... WarGamer Saturday #3
Social Security is not part of the general fund, so it's not in the budget. ... aggiesal Saturday #54
Even 3auld6phart Saturday #57
When the masses become hungry. multigraincracker Saturday #4
Then why doesn't he and his fellow billionaires pay a lot more in taxes? sinkingfeeling Saturday #5
Then there sure and hell shouldn't be money for tax cuts. republianmushroom Saturday #6
X 100000000000! Evolve Dammit Saturday #26
Why are we drowning in debt? Picaro Saturday #7
I'm an old man. Morbius Saturday #8
"Fuck the poor! Long live the oligarchy!" -Muskrat, probably sakabatou Saturday #9
Boy! This is the first time we've heard this. My point being, as I've shouted to the rafters for... chouchou Saturday #10
But the young Republicans are just as bad or worse. How do you explain that? nt delisen Saturday #12
If the young Republicans screwed up everything..(like the older right-wingers)... chouchou Saturday #15
all those pesky voters? mahina Saturday #21
I have secret plans. chouchou Saturday #59
We have t tax where the money is. In the pockets of billionaires like Musk delisen Saturday #11
Post removed Post removed Saturday #29
We have multi billionaires Simple billionaires are just pikers today. delisen Saturday #38
Sounds like Elon paid around $11 billion in 2021 womanofthehills Saturday #46
Then I want my many years of your taking money from my paycheck and add the many years of interest and give efhmc Saturday #13
And I want my employer contribution, too Red Mountain Saturday #17
Wake me up when he figures out that our debt problem would go away if billionaires paid their fair share. Baitball Blogger Saturday #14
Not Just Billionaires. GB_RN Saturday #60
Here's To Elon Rottin' Out His Ass... The Same Place He Speaks From And His Sense Of Taste Resides. MayReasonRule Saturday #16
They're going to ram this through with as much Red Mountain Saturday #18
They will not get it through Congress.. whathehell Saturday #39
Why don't these reporters remind him and others that SS n Medicare are earned benefits, not entitlements Deuxcents Saturday #19
They just don't do real interviews anymore? Just let them spew alternative facts Evolve Dammit Saturday #31
He's right in that no one has addressed the Debt/Deficit in decades. However, there are other ways to do that Silent Type Saturday #20
Republicans don't give a flying fuck about "the deficit" Blue_Tires Saturday #23
And Cheney said "deficits don't matter." Evolve Dammit Saturday #32
To be fair, Cheney's comments were in the context of in politics "deficits don't matter." Silent Type Saturday #61
Our current crisis goes back to those cretins and the "unitary executive" creating Evolve Dammit Sunday #65
I wonder what all those working class Trumper white folks Blue_Tires Saturday #22
Somehow there's enough money for a trillion dollar vanity trip to Mars and not enough for Grandma's pin money? Hugin Saturday #24
I pay for my Social Security angrychair Saturday #25
Muskrat doesn't seem to know how the House works. No way, with... brush Saturday #27
Seize Eloons assets pay down the debt and deport him for fraud. Bluethroughu Saturday #28
No money for social security, but plenty of money for his tax cuts? LisaL Saturday #30
Leon's acting like a boxer Buddyzbuddy Saturday #33
How can we afford to deport millions of immigrants? milestogo Saturday #34
We can't so we won't. paleotn Saturday #36
Elmo is spouting bullshit again. paleotn Saturday #35
Agree Deuxcents Saturday #37
+1000 PortTack Saturday #40
It won't be pretty when the Government breaks the social contract with its citizens. Dan Saturday #41
Depression 2.0 MissB Saturday #49
We would be fine if the rich paid their fair share of taxes! Lift the cap on SS taxes!! SunSeeker Saturday #42
Something is missing from the debate... jmbar2 Saturday #43
It is OUR MONEY! alarimer Saturday #44
Social Security Does Not Add to the National Debt PikaBlue Saturday #45
It's an absolute MUST that they make us slightlv Saturday #51
If hypocritical fat cats like him would shut up and slightlv Saturday #47
I am sure that Putin was behind Brexit too. Anything to weaken the Western Alliance. OMGWTF Saturday #50
Even if the rich pay more than their fair share of taxes THEY WILL STILL BE RICH. OMGWTF Saturday #48
Then give back all those tax breaks Trump gave you and retro pay your fair share of taxes Jit423 Saturday #53
Trump's hall monitors seem to agree with Musk. Kingofalldems Saturday #55
Let's take ALL corporate subsidies away tomorrow. onecaliberal Saturday #56
Three Sure As Shit Will Be you Mother FUcking Psycho. Cha Saturday #58
Whom do we owe all that money TO?!?! Jeebo Sunday #62
Keep Our Social Security OUT of you GD FISHFACE, Cha Sunday #63
That's not how SS works AncientOfDays Sunday #64
Musk in his life has never refused a government check Johonny Sunday #66
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