CoinInsight360.com logo CoinInsight360.com logo
America's Social Casino

Coin Edition 2025-05-06 15:30:00

Former SSA Chief O’Malley: Social Security Isn’t a Ponzi, But Bitcoin Might Be

O’Malley defends Social Security as Gen Z turns to Bitcoin amid DOGE cuts and trust collapse Trump-era DOGE department blamed for SSA crisis after mass layoffs and office closures Bitcoin jab from O’Malley sparks debate as retirement-age doubts fuel crypto adoption In response to criticisms labeling Social Security as a Ponzi scheme, Martin O’Malley, former Social Security Administration (SSA) commissioner, firmly defended the program’s integrity. He emphasized that Social Security has been a stable and reliable system for nearly nine decades, operating on a pay-as-you-go basis where current workers fund the benefits of retirees. O’Malley noted that as long as Americans continue to work and contribute, the system remains financially sound. He also pointed out that recent economic growth has boosted the program’s finances, pushing the projected depletion of the trust fund reserves to 2035. SSA Crisis: Staff Cuts Blamed on DOGE Department This all started after significant staffing cuts and operational changes within the SSA, attributed to the Trump administration’s Department of Government Efficiency (DOGE), led by Elon Musk. These changes includ… The post Former SSA Chief O’Malley: Social Security Isn’t a Ponzi, But Bitcoin Might Be appeared first on Coin Edition .

Loe lahtiütlusest : Kogu meie veebisaidi, hüperlingitud saitide, seotud rakenduste, foorumite, ajaveebide, sotsiaalmeediakontode ja muude platvormide ("Sait") siin esitatud sisu on mõeldud ainult teie üldiseks teabeks, mis on hangitud kolmandate isikute allikatest. Me ei anna meie sisu osas mingeid garantiisid, sealhulgas täpsust ja ajakohastust, kuid mitte ainult. Ükski meie poolt pakutava sisu osa ei kujuta endast finantsnõustamist, õigusnõustamist ega muud nõustamist, mis on mõeldud teie konkreetseks toetumiseks mis tahes eesmärgil. Mis tahes kasutamine või sõltuvus meie sisust on ainuüksi omal vastutusel ja omal äranägemisel. Enne nende kasutamist peate oma teadustööd läbi viima, analüüsima ja kontrollima oma sisu. Kauplemine on väga riskantne tegevus, mis võib põhjustada suuri kahjusid, palun konsulteerige enne oma otsuse langetamist oma finantsnõustajaga. Meie saidi sisu ei tohi olla pakkumine ega pakkumine