Why do you care if corporations buy stock from investors? If 10 people own a company together, and 1 of them sells his shares to the company, now 9 people own the company and the 10th person presumably has about 10% of the current value of the company in cash. So what? It is really no different than dividends, just some shareholders exit the company at the same time. You may prefer reinvestment or pay increases or charitable donations, but those are decisions of the board of those companies. Why should you or I or 200 million other Americans decide what Amazon shareholders decide to do with the profit generated by their company?
Sure I would be for all that and maybe that would be enough to keep Social Security solvent in perpetuity. That said the idea of social security was never to be something that people would live in for 20+ years. If I recall correctly the life expectancy when it was implemented was 67. People are living longer now and can be more productive well into their late 60’s in general. If we’re going to be increasing the payouts to adjust for the increasing cost of living we should also be considering that the need for social security at 65 might not be so pressing. We can still maintain the exceptions for those who can’t physically work at a younger ages.
That’s a fair answer but I would have to see the numbers to see if that could work. Given the size of social security I’m not sure that you could cut enough to make it work given current government revenue, non FICA.
...lol when trump passed the 2 trillion dollar tax scam the argument was, "it'll bring back manufacturing jobs and help income inequality! Trickle down economics works guys!!!" Now that the stats and science has shown that the tax cuts have done literally nothing but fuel stock buy backs the same folks don't even try to argue the good social economic benefits of trickle down economics. Their argument has morphed into, "who cares what they do with the profits after we passed a trillion dollar deficit filled tax scam bill" I'm just happy that frauds like you are more honest with how much of a utter joke your economic policy is.
