Calling all Democrats and Republicans to join together to #FixSocialSecurityNow. Support this new funding framework. Without new payroll taxes, it makes Social Security immediately and permanently solvent while creating incredible generational wealth.
Summary of Benefits:
Sustainability
The FTT tariff creates immediate and enduring Trust Fund solvency. GDP impact is negligible.
Generational Wealth
Citizens gain a stake in America’s economic growth, with GWFs compounding over generations. Heirs inherit parents’ GWFs, creating incredible generational wealth like never seen before.
National Security
Imposing a US market tariff will reduce foreign ownership of US companies. This is a net positive for companies with national security implications.
Birth Rates
The GWF accounts provide a strong incentive for larger families, as larger families get a larger number of GWF accounts.
Universal Income
AI and robotics will soon take over most production and distribution of goods and services. We will be free to think, create, and explore without the burden of work. But jobs will become scarce, so universal income will become crucial for us to make the transition. The GWF accounts will grow to the point where they can provide this income.
Fairness
There will be no Social Security cuts to punish retirees, and no new payroll taxes to punish workers. Foreign investors foot the bill via the tiny FTT, mitigated by GWF market investments and management fees. Wealth transfer from wealthy foreign investors to working Americans reduces the wealth gap by a factor of 10 in just 30 years. Racial disparity is eliminated by ending confiscation of contributions at death.
In the 70s, Asians stole our manufacturing
In the 90s, Hispanics stole our labor
In the 2010s, Indians stole our tech
The United States has just become an economic zone for other continents to pilfer.
@ericweinstein Please don't confuse hatred for the H1B & other work visa programs with hatred for the people who use them.
We hate the programs, not the people.
We hate those who fraudulently exploit these programs, regardless of race.
We hate the foreign invasion of our labor markets.
@exbrown358@Chesschick01 Most of the segregationist are dead now. The Democrat party has shifted from slavery to Jim Crow to cheap illegal labor & welfare dependency as their modern plantation. The Republican party continues to fight these destructive racist practices.
Why don't you just run to your Communist paradise if you think life is so much better there?
Oh right, they have strict immigration policies. Most US immigrants wouldn't qualify.
In China:
1) Yes, 92% own homes, but lease the land. No thanks.
2) As a % of household income, electricity cost in the US and China is about the same (2%).
3) Apparently Chinese officials don't loot their transportation projects like they do in California.
4) Average out-of-pocket healthcare cost as a % of household income in China is 9%. US is 3%.
5) As a % of household income, China spends less on water because they use much less than in the US. And water quality in the US is much higher.
It's sad that communist China is closing the cost & quality of life measures vs the United States. It's no wonder. China is moving toward free markets. US is moving toward socialism. No wonder China is catching up.
@SenRickScott This is truth.
1) Govt schools: record funding, record lack of student accomplishments.
2) Govt healthcare (Obamacare): 300% inflation in 13 years.
3) Gas taxes: Higher % of gas cost than refining.
4) Govt grocery stores: Built at 500% higher cost than private stores.
Etc.
@NickKnudsenUS I have some bad news for you about the ad with the creepy guy in the girl's bathroom.
The creepy guy in the girl's bathroom is a Democrat trans pervert.
@EricLDaugh WTAF? Big win, my ass.
This is simply more corporate largesse from a way too big govt at the expense of taxpayers.
Investments should be made by corporate stock or bonds. You know, capitalism.
Investing with taxpayer dollars is corporate socialism.
So tired of this bullshit.
@MarkWarner You asshole Commucrats destroyed reasonably priced healthcare with Obamacare.
You promised it would reduce costs.
You promised we could keep our insurance & doctor.
You lied, you communist bastards.
Here is the damage (so far). It would be worse with Medicare for all.
@Vincent0koye@Chesschick01 Yes, women are ubiquitous in the workplace, but there are still many instances of harassment, and the glass ceiling is still real, though it is not as thick as it used to be.
It's getting better, but there are still large pockets of misogyny in the workplace.
@exbrown358@Chesschick01 True, racism & sexism know no party. They know no color, too, as they exist to some extent in every race.
I was posting from an historical policy perspective, where Democrats instigated & enforced racist/sexist policies & Republicans ended them.
@Vincent0koye@Chesschick01 There was indeed much discrimination then AND now. Not just incompetence. Genuine racism & misogyny.
Now it's discrimination against white males & non-woke persons. Be a minority and fall in line with the woke or be banished from the work force.
Sad but true.