Social Security doesn’t just help orphans, the disabled and the elderly stay out of the depths of desperate poverty.
Social Security, and safety net programs more generally, make our entire economy more stable and predictable by helping us AVOID A DEPRESSION.
That means investors have greater confidence and our markets rise. Companies invest in America because they don’t worry that we’ll become “shithole country” on short notice. They also know that people living at a subsistence level spend all of that money so, it circulates. It’s not hoarded. It creates jobs. It doesn’t trickle DOWN. It ripples ALL AROUND.
If you think capitalism and libertarianism are synonyms, think again.
Social Security doesn’t just help orphans, the disabled and the elderly stay out of the depths of desperate poverty.
Social Security, and safety net programs more generally, make our entire economy more stable and predictable by helping us AVOID A DEPRESSION.
That means investors have greater confidence and our markets rise. Companies invest in America because they don’t worry that we’ll become “shithole country” on short notice. They also know that people living at a subsistence level spend all of that money so, it circulates. It’s not hoarded. It creates jobs. It doesn’t trickle DOWN. It ripples ALL AROUND.
If you think capitalism and libertarianism are synonyms, think again.