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Who's greedy? Look to the 100 million or more American workers expecting to actually receive their pensions or retirement account proceeds.
*Expect*. Why is it you can expect something from the government but others can't? We keep on coming back to that. Investments were never intended to be a guarantee of anything.
Exactly. You get it. It's amazing how many people (usually liberals) don't. It's as if liberals have no idea whatsoever how the growth of 100 million or more American workers' and retirees' pension and retirement accounts are funded, which enables them to even retire at all.
I like how you quote the 100 million or so Americans whose future retirements are desperately dependent on those companies for their retirement......
While ignoring that the median amount in those 401K's and very rare pensions is under 19K-insignificant for retirement. The majority of Americans do not have significant money in the markets. Point of fact, something like 25%(rough estimate +-5%) of us have a negative wealth amount.
What I do realize is that we already have corporate socialism. Taxpayers are subsidizing Walmart's low wages in the form of welfare. Which is why I said let them raise the minimum wage and get rid of social welfare altogether. Then no one is paying any welfare.
The flip side is that as an average person, all my retirement funds are tied up in these same corporations which exist only to generate a profit for the shareholders. Me. And so by cutting out their profit margin, I cut out my earnings.
But that's okay, I'll get them back when my taxes are reduced because I won't be responsible for providing income to my neighbor who laid on her back several times (who unluckily for me, despite all the free healthcare she has access to, she forgot birth control).
It's my money. I earn it. I want to choose how to spend it, donate it or save it.
Which is why I say get rid of the minimum wage and social welfare. Why make employers pay more than market value? And by raising minimum wage, you're still rewarding the lazy breeder that doesn't have the skills to earn 2 cents, let alone 2 dollars. And you might pay less in taxes, but the cost of goods will go through the roof. You still don't get to decide how to spend it.
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