2025-03-01 12:14:05
Social Security isn’t a Ponzi scheme. It’s a pay-as-you-go system, legally transparent, and adjustable by law. With fewer workers per retiree and a trust fund depletion by 2034, reforms are needed to avoid shortfalls. Musk’s claim is exaggerated at best. [Link][Link][Link] NEEDS_MORE_RATINGS(116-7-59) Author
2025-03-01 12:24:26
No note needed. Opinion. NEEDS_MORE_RATINGS(30-0-38) Author
2025-03-01 17:04:19
This is a metaphor or literal comparison. Defined by IMF: A Ponzi scheme is a fraudulent investment scheme that pays investors with money from new investors instead of profits. The scheme collapses when it can't attract enough new investors. [Link] NEEDS_MORE_RATINGS(26-3-29) Author
2025-03-01 19:56:38
Giving context isn't just about correcting mistakes, but about giving *more context* Current note is entirely justified as giving citations for the way SS works as opposed to Elon's framing NEEDS_MORE_RATINGS(6-2-17) Author
2025-03-01 21:31:07
Proposed note fails to mention that the Federal government has “borrowed” money from the Social Security Trust Fund. “Borrowing” funds to be used on non-SSA items is a ponzi scheme. [Link] NEEDS_MORE_RATINGS(30-1-22) Author
2025-03-01 22:54:14
Old age retirement trust fund (pension) paid through payroll taxes, was hijacked by the gov. Entitlements SSD, SSI, and Medicaid are all welfare programs added by Johnson and Nixon that now come out of the trust. It's not a Ponzi it's a deliberate theft of pension funds. [Link] NEEDS_MORE_RATINGS(40-5-50) Author
2025-03-03 13:21:53
This is opinion. Elon’s use of “Ponzi scheme” is a metaphor. NEEDS_MORE_RATINGS(3-0-1) Author
2025-03-04 02:22:36
The CBO's own projections back up Musk's Ponzi scheme analogy. "Policymakers have just a few years left to restore solvency to Social Security and prevent big benefit cuts for all beneficiaries" It is insolvent for the same reasons a Ponzi scheme is insolvent. [Link] NEEDS_MORE_RATINGS(0-0-0) Author