While the American people loved Roosevelt's democratic socialism—and still do—the morbidly rich have always opposed any programs that lift up average working people.
Milligan and Jefferson were discussing Tracy’s call for a national sales tax , which both men opposed. Which is why the next sentence got right to the heart of the matter:
By socialism, of course, they don’t mean subsidies to the fossil fuel industry that made their billionaire donors rich. But the larger reason is that the GOP has been funded by morbidly rich banksters ever since the early 1920s, and those banksters would give nearly anything to have Social Security’s trillions in their banks instead of invested in treasuries.And like all insurance policies, some people make out better than others. People who live a long life may take more out of it than they put in; people who die young leave behind much of their working life’s contributions.
Almost as fascinating as Pence and the GOP’s efforts to privatize Social Security and “end socialism” are the media’s response to them.
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