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Exactly right. The reason I'm replying, though, is that I wanted to opine that a Social Safety Net != Socialism. Two of the largest vectors of wealth redistri
by encoderer 16y ago
Exactly right.
The reason I'm replying, though, is that I wanted to opine that a Social Safety Net != Socialism.
Two of the largest vectors of wealth redistriubution in the last couple years are extended UIC and subsidized health/COBRA benefits. I think it's quite difficult to argue that we'd be better of having these 30MM unemployed people without ANY income or ANY health coverage.
If for no other reason than that's 30 MM fewer consumers.