Is Social Security a Ponzi scheme? The facts behind Elon Musk’s claim
A Ponzi scheme “is a fraud intended to mislead investors,” said Christina C. Benson, an Elon University associate professor of business law. “Social Security is a legally mandated system that has been in place since the 1930s to serve as a critically important social safety net that allows working Americans to save towards retirement.”
Elon Musk has accused the Social Security ... people to expand the examination of government agencies like Social Security. In the interview, Musk called the program a scheme that ...
The billionaire Elon Musk has become fixated on finding fraud inside the agency, which provides retirement, survivor and ...
A flood of cuts led by Elon Musk has sent the agency into chaos as a new commissioner prepares to take charge.
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