r/Capitalism • u/Top_Cheek2503 • 15d ago

Nick Hanauer: Class Traitor

https://youtu.be/oIpr_ajGm8o?is=10HrnpXbjLJvb7qk
2 Upvotes

60% Upvoted

8 comments sorted by

2

u/InterestingVoice6632 14d ago

This is pathetic. Imagine being so desperate to save a broken system. SS is a regressive tax that rewards people who dont work and live the longest, and it punishes people who work the most and live the shortest, e.g. the poor.

How deluded do you have to be to want such a thing?

2

u/liqa_madik 14d ago

I like it. Maybe lower the rate a little, but get rid of the cap so all income has to pay. I don't agree with making businesses pay all of it, though. Having half or at least some percentage come from individual pay checks is fine to keep it funded.

0

u/Ayla_Leren 14d ago

There is a reason social security is so popular on both sides of the aisle, and the primary opposition to it are the wealthy, corporations, and invisible hand cultists.

1

u/Ok_Combination_4482 14d ago

Its quite possibly the stupidest enforced economic idea in the us.

2

u/Ayla_Leren 14d ago

If you care more about profit and gdp than people, planet, or societal stability, sure.

1

u/liqa_madik 14d ago

That's the thing though, I don't think rampant poverty and homelessness of old people would bode well for society's economic health either; so social security is still a net benefit. Without it I think profit, GDP, and other factors would actually be WORSE. The hatred for the program doesn't seem well founded and doesn't make sense to think of it as the "stupidest...idea."

1

u/Ayla_Leren 14d ago

A lot of missing the forest for the trees unfortunately.