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Stupid Rich: Elon Musk Spews Idiocy On Universal Income And Social Security

Stupid Rich: Elon Musk Spews Idiocy On Universal Income And Social Security

I have no idea how smart or stupid Elon Musk actually is. Unlike Donald Trump, I don’t do IQ testing. But like everyone else in the world, I can evaluate the logic of the things he says. And there ain’t much there.

Apparently, Musk is now babbling something about how we need the government to provide a universal high income because AI will take all the jobs. The idea of universal high income is a contrast with the universal basic income plan that many have put forward, which would ostensibly provide enough money for people to afford basic necessities. Musk is saying that the income provided by a government payment should be enough to support a comfortable standard of living.

If it’s not obvious to everyone already, these views are 180 degrees at odds with each other. If we have enough money sitting around to pay people a universal high-income, then we surely have enough money to pay people the Social Security and Medicare benefits they are expecting and paid for. It’s probably also worth mentioning that if we really thought that we need to reduce the deficit, we could tax people like Musk more and/or reduce the size of the government contracts we are giving him.

Anyhow, we have Elon Musk simultaneously saying that we are richer than we can possibly imagine and that we are so poor we can’t pay the basic benefits that tens of millions depend upon to support them in retirement or due to disability. This isn’t the first time Musk has spewed utter nonsense.

Last year, when he was playing DOGE master, he insisted that 20 million dead people were getting Social Security benefits. While one dead person was uncovered, the other 19,999,999 are still free. The claim is utterly absurd on its face.

There surely are a small number of cases where a few checks get sent out after someone dies. These would barely make a dent in the cost of the program. Furthermore, much of the money is later recovered.

Musk also has repeated lunatic claims about millions of non-citizens voting. This claim, which Donald Trump also likes to make, defies common sense at both ends. The overwhelming majority of non-citizens in the country want, first and foremost, to be able to stay here to work and ultimately to gain legal citizenship.

How many of these people would risk everything to cast a vote in an election? In every election, there are tens of millions of citizens who have every right to vote, who decide it’s not worth their time. Elon believes that there are millions of non-citizens who would risk everything to cast an illegal vote?

On the other side, we have had Republicans yelling about non-citizens voting for more than a quarter-century. In all that time, maybe they have found a few dozen non-citizen voters. (There is a larger number, although still very small, who seem to have mistakenly registered. The overwhelming majority of these people never cast a vote.) We know that Trump and his crew are not very sharp, but if there were really millions of non-citizens voting in every election, even they would be competent enough to find ten or twenty thousand.

But getting back to the basic economics, what does Musk think he’s saying when he says the government will go bankrupt? The government prints the currency it spends. There is a story where we could be spending and printing so much money that we get runaway inflation, but we are obviously very far from that now, even with the burst of inflation from Trump’s tariffs and war. And even runaway inflation is not bankruptcy. Does our DOGE master really know that little about government finance?

Musk obviously runs off his mouth to advance whatever goal suits him at the time. Whatever he may think about the world, his comments often make no sense and are frequently contradictory. They do not deserve to be taken seriously.

The famous line, “if you’re so rich, how come you’re not smart,” could have been written for Elon Musk.

Dean Baker is a senior economist at the Center for Economic and Policy Research and the author of the 2016 book Rigged: How Globalization and the Rules of the Modern Economy Were Structured to Make the Rich Richer. Please consider subscribing to his Substack.


Censored Social Security Probe Showed How DOGE Damaged Agency Services

Censored Social Security Probe Showed How DOGE Damaged Agency Services

A Social Security advocacy organization on Thursday blasted the Trump administration for covering up damaging information contained in an inspector general report released in December.

According to The Washington Post, a report from the Social Security Administration’s (SSA) inspector general about call wait times for beneficiaries was altered to make it seem as though wait times to speak to representatives had been reduced to under 10 minutes per call.

"An unpublished draft of the report... showed that the inspector general had planned to report another metric—called the ‘total wait time’—to measure the overall time it takes for callers to be connected with an SSA employee,” the Post explained. “According to that draft report, in 2025 total wait time averaged 46 minutes to over two hours.”

The Post added that this “information was deleted from the draft after the agency reviewed it before publication.”

Nancy Altman, president of Social Security Works, responded to the report by saying that “now we know why [President Donald] Trump fired the inspector general at Social Security,” noting that the SSA IG was one of several fired across multiple agencies at the start of Trump’s second term.

Altman then argued that the attack on inspectors general was part of a broader effort by the Trump administration to dismantle government transparency all together.

“Inspectors general are the American peoples’ eyes and ears in these agencies,” said Altman. “The Trump administration is undermining that oversight at every turn. Under this administration, the IG has no ability to conduct independent oversight. There is no meaningful check on the Trump administration’s Social Security sabotage.”

Democratic communications consultant Jesse Lee linked the damage to the SSA documented in the draft IG report to efforts by Elon Musk’s Department of Government Efficiency (DOGE), which went on a firing spree of federal workers last year.

“So DOGE did a smash and grab at the Social Security Administration, breaking into the most sensitive data, firing phone and in-person case workers,” Lee wrote. “Trump appointee waved around an IG report claiming wait times were fine—after burying the real report saying they were up to two hours.”

Reprinted with permission from Alternet


Vought's 'Aggressive' Gutting Of Government Enrages GOP Senators

Vought's 'Aggressive' Gutting Of Government Enrages GOP Senators

Republican lawmakers are criticizing Office of Management and Budget Director Russ Vought for taking what they call an overly “aggressive” approach to the ongoing government shutdown, warning that his hardline tactics could backfire on the party.

“Russ is less politically in tune than the president,” said Sen. Kevin Cramer (R-ND) a member of the Senate’s DOGE (Tesla and SpaceX CEO Elon Musk's Department of Government Efficiency) Caucus.

“We, as Republicans, have never had so much moral high ground on a government funding bill in our lives ... I just don’t see why we would squander it, which I think is the risk of being aggressive with executive power in this moment,” he told Semafor, according to a report published Wednesday.

The report noted that just one day into the shutdown, tensions are flaring within the GOP over how President Donald Trump's administration is handling the crisis.

Vought, seen as a loyal enforcer of Trump’s budget-slashing agenda, has already halted $18 billion in infrastructure projects in New York — the home state of Democratic congressional leaders — and frozen $8 billion in clean energy initiatives across 16 mostly Democratic-led states.

Critics, including Republican allies, worry Vought is pushing too far, too fast.

“That is totally unacceptable,” said Senate Appropriations Chair Susan Collins (R-ME), referring to the delay of critical New York infrastructure projects, including the Hudson Tunnel.

“I’ve actually seen the damage that was done by the hurricane, and it is serious,” she told the outlet.

The report cited sources familiar with a private House GOP call, who said Vought told lawmakers that federal employee layoffs could begin within days. That statement drew concern from Republicans representing districts with large numbers of government workers.

Democrats argue that Vought is using the shutdown as cover to impose sweeping cuts that would have happened anyway.

According to the report, Collins acknowledged that the lapse in funding gave Vought increased authority to declare employees "non-essential" and begin layoffs: “No doubt about that.”

The controversy mirrors the earlier backlash over tech billionaire Elon Musk’s now-dormant Department of Government Efficiency, a Trump administration initiative aimed at shrinking the federal bureaucracy.

While popular with some conservative voters, polls showed most Americans disapproved of Musk’s handling of the program, leaving Republicans to defend politically damaging cuts.

Now, with Vought picking up where Musk left off, frustration is again boiling over.

“The administration and the agencies have no boundaries; that they are, in an illegitimate way, taking money that has been appropriated,” said Rep. Nydia Velázquez (D-NY), per the report.

“The fingerprints are everywhere — and they will continue whether Elon Musk is here or not," she added.

Sen. Kirsten Gillibrand (D-NY), told Semafor she expects New York Attorney General Letitia James, a Democrat, to pursue legal action over the halted projects, while unions have already filed lawsuits against OMB over the layoff threats.

With Vought’s aggressive strategy in full swing, lawmakers on both sides are growing increasingly pessimistic about the chances of reaching a bipartisan deal to reopen the government.

“We don’t have true negotiating partners; they just want to make this difficult. They’ve been cheering this on for months,” said House Democratic Caucus Chair Pete Aguilar (D-CA), per the report.

Reprinted with permission from Alternet.

Texas Flood Toll: What Happens When Everything Is Boiled Down To Money

Texas Flood Toll: What Happens When Everything Is Boiled Down To Money

I challenge you to go back through your memory of the last five months when coverage of the DOGE cuts to government departments and programs and coverage of the Big Bullshit Bill were in the headlines and see if you can recall the word “consequences.”

I can’t. There was a lot of reporting about 600 people laid off here, a thousand laid off there, and the word “probationary” came up a lot as the Trump administration used it to explain away the people whose jobs were cut. But there wasn’t much debate about the bill in either the House or the Senate. In fact, one story I read last week was about how the nearly 1,000-page monster was pushed through with few committee hearings and little testimony about what was in the bill.

I think I remember reading one story about cuts to the FAA budget around the time of all the delays and cancelled flights at Newark Airport. But the coverage of cuts to the National Oceanic and Atmospheric Administration (NOAA) and the National Weather Service (NWS) was focused almost entirely on the number of proposed staff cuts and the “savings” they would produce. The budget cuts sometimes showed in tens of millions of dollars and in other reports appeared as percentages. CBS reported back in February that former NOAA officials said that “current employees had been told to expect budget cuts of 30% and a 50% reduction in staff.”

Finally, when tornados recently swept through Missouri and Tennessee and Kentucky, there were a few reports about local NWS office staffing shortages. The reports were explained away the next day by Caroline Leavitt at the White House saying that the cuts had not affected “overnight” staffing at local offices. Follow up reporting proved her statement about local NWS offices to be a lie, but reports about her lies had become so numerous that the one about the NWS just disappeared down the memory-hole with all her other lies.

The tornado that tore through Kentucky happened back in late May. It killed 19 people, according to the Louisville Courier Journal. Do you remember that number? I didn’t. I had to look it up. There was some aerial footage of the destruction in Laurel and Pulaski Counties. There were a few short bios of some of the people the tornadoes killed. One woman died from carbon monoxide poisoning from a generator she ran when electricity went out during the storms. Another woman was killed by “blunt force trauma,” according to her autopsy. A fireman in London, Kentucky, was found dead atop his wife after the tornado hit their home.

Tornadoes are notoriously difficult to predict. So are flash floods. The NWS puts out warnings and emergency notifications on radio and television broadcasts, and these days there are systems to send out blanket alerts by cell phone. But TV’s and radios don’t work during electrical outages, and cell phone towers are vulnerable to storms, especially tornados. So even if alerts go out, sometimes they cannot be received.

The stories about NWS staffing in Kentucky in May disappeared after the storms had passed and television news stopped putting their drones in the air and reporters went back to interviewing people about inflation and the economy.

Tonight, the Times is reporting that 80 were killed by the flash flood that ripped down the Guadalupe River and its tributaries on the 4th of July. Forty-one people are still missing. Twenty-eight of the victims were children. Now there are new alerts for more flooding in the same areas hit by the flash flood on Friday, including Camp Mystic, the Christian camp located on the banks of the Guadalupe. Twenty-eight victims of the flood have not been identified.

There are some numbers for you. Nineteen killed by tornadoes in May. Eighty killed by a flash flood in July. Donald Trump, who signed an emergency declaration today that will provide FEMA relief to the affected areas and help to pay for the search and rescue efforts, told reporters “FEMA is something we can talk about later,” as he prepared to fly back to Washington D.C. from his golf resort in Bedminster, New Jersey. Trump has called for the dissolution of the Federal Emergency Management Agency, which has provided relief to areas hit by hurricanes, tornadoes, fires, and other natural disasters since it was formed in 1978 during the presidency of Jimmy Carter. Some $175 billion has been appropriated for FEMA during the last four budgets and continuing resolutions.

And now Donald Trump wants to “wean” states off FEMA and “bring it down to the state level — a little bit like education, we're moving it back to the states.”

That’s what it’s all about. Money. It’s what Trump’s disastrous DOGE adventure was all about. It’s what his Big Bullshit Bill is about, moving money from people who don’t have enough of it to people who have too much of it, and denying it in the form of health care and nutrition to people who need it.

The coverage of what the cancellation of USAID will cause has just begun. We have seen the aid losses in dollars, and now we will see it in the bodies of people who have died from AIDS and Tuberculosis and other preventable diseases, and of course starvation, just as preventable with food aid.

Watch the numbers of people killed in the Texas flooding increase over the next few days. It is hurricane season, so watch for the coverage of those storms and their body counts.

Everybody will forget the numbers in Kentucky and Texas except the families and friends of the dead. The budget “savings” from DOGE and Trump’s odious bill, now signed into law, will be lied away in the White House press room, and two weeks from now, nobody will remember how many died in Texas, the same way nobody remembers how many died in Kentucky. It’s what happens when everything is boiled down to money.

Lucian K. Truscott IV, a graduate of West Point, has had a 50-year career as a journalist, novelist, and screenwriter. He has covered Watergate, the Stonewall riots, and wars in Lebanon, Iraq, and Afghanistan. He is also the author of five bestselling novels. He writes every day at luciantruscott.substack.com and you can follow him on Bluesky @lktiv.bsky.social and on Facebook at Lucian K. Truscott IV. Please consider subscribing to his Substack.

Reprinted with permission from Lucian Truscott Newsletter.

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