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biggest Ponzi schemeNewsweek
•US Politics
US Politics
62% Informative
Billionaire Elon Musk called Social Security "the biggest Ponzi scheme of all time" during an interview with Joe Rogan .
Musk told Rogan that the federal government is " one big pyramid scheme" and called the Social Security program "a scam" Democrats , including Representative Alexandria Ocasio-Cortez of New York , have pushed back against Musk 's criticism of Social Security .
On Friday , the SSA announced plans to cut 7,000 jobs, reducing its workforce from about 57,000 to 50,000 employees.
The decision follows DOGE recommendations to slash the federal workforce.
Agencies are required to submit their reduction in force plans ( RIF ) to the Office of Personnel Management (OPM) by March 13 .
VR Score
67
Informative language
65
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77
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formal
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English
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61
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likely offensive
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not detected
Known propaganda techniques
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short-lived
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