IMO, removing the cap WILL happen. It’s crappy economics, but it garners 70%+ approval in opinion polls.
The Tobin Tax on Wall Street transactions will also be done, because that again polls well.
>
IMO, removing the cap WILL happen. Its crappy economics, but it garners 70%+ approval in opinion polls.
The Tobin Tax on Wall Street transactions will also be done, because that again polls well.
>
Yes. Until one’s ox is gored, what matters to ‘the other guy (richer than me)’?
of course, the rich exist because they have capital gains, etc, which the SS is not paid on....
perhaps the first step is to FORCE CONGRESS and all their minions onto SS and Medicare...
that way, what hurts us will hurt them...