Birdwatch Note Rating
2025-03-01 19:35:06 UTC - HELPFUL
Rated by Participant: 29935AE7158466696AE5E903202A4680B815643C39E75C29C96D74F140D12982
Participant Details
Original Note:
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. https://www.pgpf.org/article/the-ratio-of-workers-to-social-security-beneficiaries-is-at-a-low-and-projected-to-decline-further/ https://en.wikipedia.org/wiki/Social_Security_%28United_States%29 https://www.investopedia.com/terms/p/ponzischeme.asp#:~:text=A%20Ponzi%20scheme%20is%20an,and%20the%20supposed%20profits%20evaporate.
All Note Details