DOGE cost-cutter-in-chief Elon Musk likened the U.S. retirement system to a pyramid scheme during a podcast with Joe Rogan.

It’s one thing for Musk to peddle bogus claims about imagined Social Security “fraud.” It’s something else when he targets the system itself.

Elon Musk called Social Security a “Ponzi Scheme” in a discussion with podcaster Joe Rogan that was released online Friday. And it’s just the latest rhetorical assault by a member of the Trump regime on America’s social safety net as Musk continues to lay off thousands of federal workers and illegally stop payments at several government agencies.