American Friction Trump and Musk vs. America’s safety net
Mar 24, 2025
Justin Glawe, an independent journalist and founder of American Doom, dives into the unsettling impact of Trump and Musk on America's social safety net. He discusses the looming fears around social security cuts and the flawed assumptions behind digital-only support systems. Glawe highlights how proposed changes could alienate senior voters and exacerbate the plight of vulnerable populations. He draws parallels between the decline of social security and local newspapers, emphasizing the urgent need for a robust public welfare system.
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Conflicting Claims on Social Security's Future
- The White House claims Trump won't cut Social Security, Medicare, or Medicaid.
- However, reports suggest cuts are happening through agency downsizing and program elimination.
Social Security: A Cornerstone of US Social Safety Net
- Social Security is a crucial US program funded by lifelong contributions, providing benefits upon retirement.
- Cutting Social Security is politically risky due to its popularity and reliance by millions, including retirees, disabled individuals, and children of disabled individuals.
Debunking the 'Ponzi Scheme' Myth
- Contrary to Elon Musk's claim, Social Security isn't a Ponzi scheme; beneficiaries receive returns on their contributions.
- While overpayments exist (around 0.85% over a decade), they are typically accidental and not due to beneficiary fraud.