The World's Richest Man Is Coming for Your Social Security
The cruelest wealth transfer in history is underway, as Elon Musk slashes Social Security while filling his crypto wallet. A regular review of how the biggest news stories connect with each other.
Elon Musk's Department of Government Efficiency isn't about saving taxpayer dollars—it's about systematically stripping services from ordinary Americans while enriching the very oligarchs who enabled Trump's return to power.
Gutting Social Security
The Social Security Administration faces cuts of up to 50% of its workforce—30,000 jobs eliminated. Field offices across Arkansas, Texas, Louisiana, Florida, Kentucky, and North Carolina are being shuttered. Wait times will soar. Benefits will be delayed.
"The Social Security Administration is already chronically understaffed," says Nancy Altman of Social Security Works. These cuts "will deny many Americans access to their hard-earned Social Security benefits."
Meanwhile, the administration's "one big, beautiful bill" makes the 2017 tax cuts for the wealthy permanent while slashing government spending. The message is clear: Tax breaks for billionaires are essential; services for seniors are expendable.
Humanitarian Aid Sacrificed
USAID contracts …
Keep reading with a 7-day free trial
Subscribe to Narativ with Zev Shalev to keep reading this post and get 7 days of free access to the full post archives.