Ron Paul has been preaching doom for many years. When on his soapbox, he pretends to be an expert by you people that real experts like me warned about in 2006 (e.g. unfunded contingent liabilities for mandatory expenditures, i.e. Social Security, Medicare and Medicaid).
Although these liabilities are problematic, they certainly did not pose an imminent threat to the U.S. economy, unlike his claims.
But his fearmongering serves a very specific purpose.
First, it allows him to scare Americans into thinking that Social Security places the nation in danger. Moreover, he has repeatedly insisted that Social Security is a Ponzi scheme and won’t be around when you retire.
Does this sound familiar?
It should because the fraudster and con man Elon Musk is now repeating the same lines today in order to cause people to lose faith in the program before positioning the solution of privatization...
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