Saturday, December 21, 2024

On the Fact that the Government Dished Out $1.4 Trillion In Social Security Transfer Payments In 2023 and so Even if You Took Every Dime of Elon Musk's $400 Trillion Portfolio (it Isn't All In Cash, You Know that Right?) it Would Fund the Program for Only About 15 Weeks (and of Course it Would Only Be a One-Shot Deal In that Why Would Elon Build Another Empire if he Knew that the Government Would Eventually Steal it Again?)

  I get it that the left loves to use Elon (a fellow who they used to support because of his electric car connection) as a foil/punching-bag to further their lowbrow collectivist agenda but the fact remains that the Social Security trust-fund is presently on the fast-track to insolvency and the only solutions are a radical restructuring (huge tax hikes, means-testing, everybody taking a "haircut", etc.) or bankruptcy. I mean, sure, we could probably continue on this unsustainable path (essentially a ponzi scheme) for a while longer but being that that would detonate an already obscene debt and devalue our currency through inflation, it really isn't an option, is it? 

No comments: