On the recordAugust 2, 2011
This is not capitalism. You mentioned, I think, in your own remarks that when you have socializing losses while you are privatizing gains, you get a distorted market economy.
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congress.govThis is not capitalism. You mentioned, I think, in your own remarks that when you have socializing losses while you are privatizing gains, you get a distorted market economy.
Critique of the economic system favoring privatized gains and socialized losses.
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To ensure that Social Security benefits are there for future generations, we need to ensure that billionaires are paying their fair share by raising the tax cap so we can extend the life of the program.
I’ll always oppose Wall Street’s efforts to privatize Social Security.