Okay, But Why Is Social Security At Risk?
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Okay, But Why Is Social Security At Risk?
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About this listen
Social security is an American institution. After decades of working hard, we expect to retire with a well-earned safety net to help us with our monthly expenses.
Trump and Elon Musk claim that Social Security is rife with corruption and fraud. Musk told podcaster Joe Rogan that it’s “the biggest Ponzi scheme of all time.” But whenever unbiased, nonpartisan groups study the numbers, they find very little fraud. Instead, they find millions of people who rely on those payments for their very survival. (And, it should be noted, exactly zero 150-year-olds receiving benefits.)
So... why is Social Security at risk? This episode breaks down the facts and corrects the disinformation about the agency, who's receiving payments, and what's really happening.
For a transcript of this episode, please email theswppod@redwine.blue.
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