Elon Musk calls Social Security a 'Ponzi scheme,' sparking Dem concerns over key benefit
=====================================================================================

 calls Social Security in a Friday podcast interview with Joe Rogan, labeling the critical elder benefits program a "Ponzi scheme."

Musk, who is the world's richest man and an increasingly powerful adviser to President Donald Trump, also described the federal government as "one big pyramid scheme." Musk is a leading figure in the administration's effort − largely through the Department of Government Efficiency − to cut costs and dismantle the federal bureaucracy.

, which dates to the 1930s and former President Franklin D. Roosevelt's New Deal social programs, uses funds collected from workers' paychecks to pay small monthly benefit checks to retirees, disabled Americans and others.

### Featured Weekly Ad










----------------------------------------------------------------------------------------------------------------------



[](https://www.usatoday.com/story/news/local/2015/06/29/dujares-cell-phone-crash-19479474007/)

**DUJARES AND VICTIM SITUATIONS**



**DUJARES AND VICTIM SITUATIONS**
```