Social Security assault

NANCY ALTMAN—Trump and DOGE and the others who Republican President Dwight Eisenhower called a “tiny splinter group” who hate Social Security, but they tried to privatize it. They were unsuccessful in that. And now what they’re doing is they’re trying to destroy it from within. And we will see pretty soon as it collapses, they’ll say, “Oh, the private sector should run it.” That will be horrible. It will undermine all of our economic security.

PAUL HEDREEN—Repeating the “flat Earth–type lie” of looming Social Security insolvency (Beat the Press, 5/8/24) has been a longtime hobby horse of corporate media, as has been reported at FAIR (e.g., 1/88, 6/25/19, 6/15/23) and elsewhere (Column, 8/4/23). While many leading newspapers have rightly called out Musk’s interventions into Social Security and the rest of the administrative state, they still push the pernicious myth that the widely popular social program is struggling and nearing insolvency, with few viable options for its rescue.

BEN NORTON—Argentina’s President Javier Milei, a self-declared libertarian and “anarcho-capitalist”, is promoting crypto scams and overseeing rapid deindustrialization. Manufacturing and construction are collapsing, while the financial sector, mining, and agriculture grow. Donald Trump and Elon Musk praise Milei, as the majority of Argentines live in poverty. The real economy is in crisis, but rich foreign investors rejoice as the stock market booms. Ben Norton explains how Argentina is being turned into a resource colony.