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The Right’s Long-Game on Social Security
Republicans including Tommy Tuberville and Ron Johnson have called Social Security a scam or a Ponzi scheme, while figures like Scott Bessent and Ted Cruz have openly connected personal investment accounts to the future of the program. In this episode, I break down how Social Security actually works, why the “Ponzi scheme” label is misleading, what privatization would really mean, who would bear the risk, who could profit, and why I think the better answer is to strengthen Social Security instead of turning more of retirement security over to Wall Street.
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