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Slate News

Slate Money | Who’s The Boss?

Mar 22, 2025
The discussion kicks off with the intriguing impact of DOGE on the Social Security Administration and a physical takeover of the US Institute of Peace. The conversation pivots to the complexities of identity verification for social security benefits amid bureaucratic changes. There's an eye-opening examination of authority disruptions, illustrated through Elon Musk's actions and their implications for governance. Finally, a spectacular sale makes the Boston Celtics the highest valued sports team, spotlighting the evolving landscape of sports ownership.
56:39

Podcast summary created with Snipd AI

Quick takeaways

  • Recent changes by the Social Security Administration to online identity verification raise accessibility concerns for vulnerable populations, potentially undermining trust in the system.
  • The physical takeover of the US Institute of Peace by DOGE illustrates how elite figures are challenging traditional authority and governance structures in unusual ways.

Deep dives

Social Security Changes and Their Impact

Recent modifications to Social Security processes have raised significant concerns regarding accessibility. The agency announced stricter requirements for verifying identity, moving away from traditional methods in favor of online systems, which disproportionately affect vulnerable populations, including older Americans and disabled individuals. While the justification for these changes is ostensibly fraud prevention, the statistics indicate that the amount lost to various types of fraud is minimal compared to the total distribution of benefits, suggesting that the reforms may be more about administrative efficiency than genuine fraud reduction. This shift is viewed by some as a strategic effort to undermine trust in Social Security, potentially paving the way for radical changes to the system.

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