Saturday, March 1, 2025

No, millions of dead people aren't getting Social Security

This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on
Bloomberg

This is the Weekend Edition of Bloomberg Opinion Today, a roundup of the most popular stories Bloomberg Opinion publishes each week based on web readership.

The Truth About Social Security and Dead People — Justin Fox

Photographer: Stefani Reynolds/Bloomberg

For more than a decade, Social Security's inspector general has been on a quest to get dead people off the benefit rolls. The effort started before former corporate lawyer Gail Ennis took the job in 2019, appointed by President Donald Trump, but picked up speed afterward. This work has consisted mostly of audits comparing Social Security records with death records kept by the states, other federal agencies and even different Social Security databases.

In a related but somewhat different audit that has been in the news lately, Ennis in 2023 also looked into the 18.9 million entries in the Social Security Administration's "Numident" master file of all assigned Social Security numbers that had (1) a birth year of 1920 or earlier, and (2) no record of death. As of 2020, only 86,000 Americans were that old, leaving about 18.8 million dead people not listed as dead by Social Security. As you may have heard, these undead hordes were discovered recently by Elon Musk's Department of Government Efficiency, with Musk implying and Trump claiming outright that tens of millions of dead people are collecting Social Security benefits.

This is false. My Social Security number is in the Numident file, and if you have one, yours is, too. That doesn't mean we're receiving benefits.

Read the whole thing.

Buffett Offers a Recipe for What Makes America Great — Jonathan Levin

Musk's Empire Tells Its Own DOGE Story — Liam Denning and Thomas Black

JPMorgan Wants to Lend Companies Money — Matt Levine

Even Germany Is Gaullist Now. Well Done, Trump. — Lionel Laurent

The Debate That Democrats Want and Republicans Fear — Matthew Yglesias

DeepSeek and Ne Zha 2 Are Bringing Back What Xi Ignored — Shuli Ren

The Time Is Ripe for Copper's Biggest Takeover Deal — David Fickling

Wishful Thinking Won't Solve the US Debt Crisis — Clive Crook

US Attorney's "Operation Whirlwind" Is About Retribution — Barbara McQuade

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