Reminder that math still exists, and even if you taxed all of Jeff Bezos's $100B wealth you still wouldn't be able to pay for even a quarter of a single year of

Reminder that math still exists, and even if you taxed all of Jeff Bezos's $100B wealth you still wouldn't be able to pay for even a quarter of a single year of Social Security. The US government operates at a _staggering_ scale. And somehow you want to 3x Social Security? You can't just tax and regulate your way out of people not being productive. The market _always_ wins in the end, even if it takes decades. See: European+Canadian brain drain due to high taxes and regulations, US college tuition and housing costs driven by government subsidized loans, the Soviet Union's trade deficits, mass withdrawal of kids to charter schools in areas where public schools suck, housing costs where minimum wage is high going up, CA Prop 13 skyrocketing housing prices, etc. In economics terms, no price floor and no price ceiling is perfect since there is always an imperfect substitute for what you're trying to regulate. Over the long term that destroys the effectiveness of any regulation attempt. The U.S. could regulate in the 60s because it was the dominant superpower and there was no substitute for U.S. labor. Now? China, India, and LatAm are rising fast and getting ever closer to being a good substitute.