Summary

Elon Musk amplified Senator Mike Lee’s calls to overhaul Social Security, labeling it a “nightmare.”

Lee, known for advocating the elimination of Social Security, Medicare, and Medicaid, criticized the program as deceptive and mismanaged.

Musk, co-chair of Trump’s advisory commission on cutting federal spending, faces accusations of aligning with GOP efforts to privatize or gut Social Security.

Advocacy groups denounce these moves as a threat to seniors and disabled Americans, warning that Republicans aim to shift earned benefits to Wall Street, despite broad public opposition to cuts or privatization.

  • jagged_circle@feddit.nl
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    23 days ago

    Anyone wanna take bets on when he’ll become a trillionare?

    Since the election I think his net worth grew from 0.1 to about 0.3 trillion. So at this rate he’ll have stolen 1 trillion from others by early 2025, right?

  • TunaCowboy@lemmy.world
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    23 days ago

    Go ahead, steal my hard earned contributions skum. Let’s see how many desperate people you can piss off, we might actually see some real change.

  • Ellen_musk_ox@lemm.ee
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    23 days ago

    Conservatives have been wanting and trying to dismantle the SS since its inception.

    I’m not that concerned just yet. There’s a reason it’s called the third rail of politics.

    If I had to bet on the future outcome, they’ll raise the contribution cap to around $300k, maybe cut benefits a bit, fixing the solvency problem for at least a generation or two.

    I’d also bet on an immigration deal in a future administration. Getting more workers/contributors into the system.

    It honestly wouldn’t shock me if the Trump admin pivoted to amnesty just like Reagan. He’s a lame duck from day one. He’s not beholden to anything from the campaign trail. If he’s gotta choose the adoration of his voter base vs the donor base, he’ll choose the wealthy. He hates being excluded from the elites. You can’t buy class. But you can be invited to their parties, their clubs, their scene. His working class base has nothing left to offer him.

    • CharlesDarwin@lemmy.world
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      23 days ago

      What I don’t get is why there is a cutoff such that the “contribution” that jerkoffs like Musk put in is basically negligible.

      If anyone should pay and pay and pay some more, it’s people like Musk. I like Bernie’s idea of 100% tax above 999 million. Being a billionaire should not even be a thing.

  • TimeSquirrel@kbin.melroy.org
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    24 days ago

    So, they plan on stealing the money I’ve put into it over my 25 year working career?

    I know that’s not exactly how it works, but yeah it feels like it’s theft with extra steps if I never see benefits but had paid into it.

    • YaDownWitCPP@lemmy.world
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      24 days ago

      Hate to break it to you but that’s not how social security works. The money you pay in now is used to pay for the benefits of the currently retired. It is not an investment fund that you are paying into with a guarantee of payments when you retire.

      • TrickDacy@lemmy.world
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        24 days ago

        Doesn’t matter if it “works that way” if literally everyone thinks of it that way and isn’t currently storming the capitol because of that understanding.

        • Scubus@sh.itjust.works
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          23 days ago

          Ah yes, lets just ignore reality. The same people who want to benefit from ss are the people who fucked it by making it impossible for the younger generation to grow their wealth, or want to even bring a younger generation into the world.

          Yeah, they should be storming the capitol for that and many other reasons. But that is how it works, and they wont. Amaricans are too pussy to actually evoke change, outside of three people so far. And despite the fact that two of them were right wing nutjobs, they still attempted to do better for the world than 99.999% of the rest of the country.

      • LeadersAtWork@lemmy.world
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        24 days ago

        It is not an investment fund…with a guarantee of payments when you retire.

        The three stool legs of American retirement. 401, pensions, Social fucking security. There IS an expectation and that is you paying into it with that expectation.

        • solsangraal@lemmy.zip
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          24 days ago

          401 LOL

          pensions fucking ROFL

          ss… yea, WAS an expectation. the 1% want all that money for themselves, and guess what, they’ll fucking get it

          • kmaismith@lemm.ee
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            23 days ago

            For as much as you seem to be opposed to being fucked over by your attitude, you sure seem to be bending over with your words

            • Scubus@sh.itjust.works
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              23 days ago

              Bruh whats the point? Have you ever changed anything?

              Nothing is going to change until billionaires and fascists are scared to walk the streets. Admittedly we had one person that succeeded in actually making the world a better place, one who died trying, and im pretty sure the other guy got arrested. He’s not rolling over, he’s a realist.

              The older generation fucked us and continues to fuck us. They literally will not stop until they all die. I know theres some good people in there, but one bad apple spoils the bunch. And the bunch is well over half spoiled. If they wanted ss, they shouldve made the world a more livable place where people would want to have kids and thereby stabilize ss. They chose to maximize their profits at the expense of THE ENTIRE FUCKING PLANET.

              No sympathy, fuck them all. Fuck the red sea I live in too. Someone should glass us.

  • Gork@lemm.ee
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    24 days ago

    It flabbergasts me that Musk, an unelected billionaire, has any input at all in policy decisions.

    • RestrictedAccount@lemmy.world
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      23 days ago

      Sure he is unelected, but he paid Trump 75 billion

      Doesn’t that entitle him to bankrupt your parents. They can move in with you.

      N’est pas?

      /s

    • SkyNTP@lemmy.ml
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      24 days ago

      Just another day in the post-truth age. This and much more awaits in a society that allows a handful of algorithms unfettered editorial control over what people think.

      • WhatAmLemmy@lemmy.world
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        24 days ago

        It’s just another day in the plutocracy that has probably run things the entire lifetime of “democracy”.

        The only difference is with MAGA the plutocracy no longer need to hide behind lobbyists, campaign financing, super PAC’s, nepotism/cronyism, quid pro quo, virtue signaling about national security, etc to engage in corruption, loot the public coffers, and divert trillions to their own companies or cronies in the MIC or whatever.

        The conservative propaganda machine has now successfully groomed and cultivated a mentally ill cult, who will let their king insert a microchip into their brains without a second thought… Hell, they’ll probably hand over their life savings for the privilege.

    • Pips@lemmy.sdf.org
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      24 days ago

      Plenty of unelected people have a massive say in policy. We wouldn’t get anything done if every bureaucrat had to be elected.

      This specific unelected soon-to-be bureaucrat is fucking towel though.

      • Aphelion@lemm.ee
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        23 days ago

        This specific unelected soon-to-be bureaucrat is fucking towel though.

        Hey now, that’s not very fair, towels are at least useful and pretty good at wiping up shit. Phony Stark only ever makes messes and then wallows in the shit.

  • sp3ctr4l@lemmy.zip
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    24 days ago

    Well, seeing as SSDI is my only source of income, guess I’ll die homeless if that gets cut off.

    Cool!

    • ATDA@lemmy.world
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      24 days ago

      Being homeless is also not an option in conservative hell. You’ll need to report to your local jail, er slave cen, er employment center!

      • sp3ctr4l@lemmy.zip
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        23 days ago

        So anyway, anyone in a more sane country wanna do a sham marriage?

        35 / M / Former DB Admin, Software Engineer

        Been told I have a lovely singing voice.

          • sp3ctr4l@lemmy.zip
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            23 days ago

            ASL, lol?

            I am mostly not kidding.

            Though I am in good spirits, I spent most of 2023 and a bit of 2024 homeless… got held hostage and assaulted for a week in my own apartment, was severely injured, lost my job, couldn’t pay rent, got evicted, lost everything I’d ever owned, family and ‘friends’ either didn’t care or said I was crazy and none of that happened.

            My life objectively sucks, if my SSDI gets cut to nothing, I will likely literally die horribly.

            If anybody needs a stay at home tech dork, who can maybe hopefully someday do enough of my own self directed physical therapy (lol can’t afford actual PT), may also be useful as a light handyman…

            I also have a steam library I can family share… I dunno.

            • AlligatorBlizzard@sh.itjust.works
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              23 days ago

              30s/FtM/Minnesota

              I am mostly kidding though, unfortunately. I do have an easy path to EU citizenship open to me, but actually moving is expensive and I work retail. I’m absolutely open to the idea that, at my age, standards are low enough and I might just click with someone and know that I want to spend the foreseeable future with them, but I’m not actually looking to defraud anyone, lol.

  • Pantsofmagic@lemmy.world
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    24 days ago

    One of the first thoughts I had with the election result was “welp, there goes my retirement”. None of this surprises me even a little

  • nonewanted@lemmynsfw.com
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    24 days ago

    What do they think is going to happen to all those old people who survive on just Social Security? Or disabled people? What do they think will be the attitude of a population that has even less financial and health security?

    They are actively trying to create a world that will become much more dangerous for themselves.

    • FoxyFerengi@lemm.ee
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      24 days ago

      Easy, they’ll just dump us in prisons where we’ll be expected to pay for the cost of our involuntary stay. If I lose ssdi I become homeless, which is becoming increasingly illegal

    • fluxion@lemmy.world
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      23 days ago

      That’s the slick part: they don’t expect that you will have any power to ever vote them out of office again so they can do whatever they want! It’s that sort of brilliant radical thinking that has energized American voters to put these fascists back in power after their practice run!

    • EvilBit@lemmy.world
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      24 days ago

      The classic move is just to fuck over the NEXT batch, so the people drawing from it now are happy to vote Republican. “Fuck you, got mine” at its finest.

      • Asafum@feddit.nl
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        24 days ago

        My stepmother years ago while sitting in front of her child: “I don’t really care about climate change, I’ll be dead by then!”

    • RememberTheApollo_@lemmy.world
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      22 days ago

      They never try to make it better for the “natives”, they always try to make it better for themselves. Sometimes those improvements align, sometimes they don’t. They almost all try to pull up the ladder behind them in some way, but Musk is trying to pull up the ladder on everyone not white and independently wealthy.

      • captainlezbian@lemmy.world
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        22 days ago

        The rich yes, immigrants no. Many immigrants come here because they believe in improving America and being a part of that. Their descendants are the ladder pullers oftentimes

  • Etterra@lemmy.world
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    22 days ago

    As a disabled person (barely) surviving on SSDI I’d like to suggest that when you’re the one who starts a war then you become a legitimate military target.

  • radiohead37@lemmynsfw.com
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    24 days ago

    Leave my social security alone, you prick. We pay into it, it is not an entitlement. If it is becoming unsustainable, then remove the cap.

    These guys hope to make the US become a third world country. They have no idea how bad it can become if there is widespread poverty in America.

    • EvacuateSoul@lemmy.world
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      23 days ago

      We pay into it, it is not an entitlement.

      It is an entitlement because you pay for it.

      The opposite would be means-tested, where you would have to qualify.

  • givesomefucks@lemmy.world
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    24 days ago

    I’ll never understand why billionaires hate OASDI…

    The cap means no one pays more than 10.5k this year. That isn’t even fucking pocket change to Musk or any billionaire.

    • disguy_ovahea@lemmy.world
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      24 days ago

      The most powerful people in the US acquired their power from privatizing Social Security in the form of retirement accounts.

      The largest retirement account management companies are Vanguard, Blackrock, and State Street. They consolidate all of the power of the shares from all of the retirement accounts they manage, to give them board control of 89% of the S&P 500.

      Those faceless firms are actually the ones who control the hardship index (price of food, clothing, other essentials) that earned Trump so many “bad economy” votes.

    • someguy3@lemmy.world
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      24 days ago

      They think the free market solves all problems. Anything the government does is bad and evil by definition.

    • Empricorn@feddit.nl
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      24 days ago

      People like him have all the money they could ever need. This is about control, and punishing people they don’t like (and those that don’t fall in line and lick the boot).

      • bitchkat@lemmy.world
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        22 days ago

        They want us to pay into some privatized thing where they can take their fees and commissions.

      • Zier@fedia.io
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        24 days ago

        They never had any. They also never had any value to the Human race.