Current Events > More young Americans and Democrats support socialism than capitalism

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Giant_Aspirin
08/14/18 2:06:54 PM
#51:


FLUFFYGERM posted...
It's only happening in the west because of a concerted and organized effort to brainwash an entire generation into radical leftism, all as a means of trying to collapse America from within.


so then why doesn't the free market respond by creating new institutions of higher learning aimed at promoting far-right philosophies?

edit: grammar
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Balrog0
08/14/18 2:07:05 PM
#52:


well when you call everything socialism
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Roshon
08/14/18 2:07:39 PM
#53:


darkphoenix181 posted...
They just want free college.

And for apple to give all their trillions away so that we all have a living wage.

Meanwhile, they have the latest iphone.


College used to be free or inexpensive. It keeps getting outrageously higher after each generation.
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The Great Muta 22
08/14/18 2:10:12 PM
#54:


FLUFFYGERM posted...
The Great Muta 22 posted...
FLUFFYGERM posted...
The Great Muta 22 posted...
Capitalism, and especially the whole Reganomics type, and specifically in the West, hasn't improved the lives of a good number of people which has forced them to look for alternatives.


I disagree with your assessment, but it's hilarious that someone who believes this would posit socialism as a viable alternative for improving the standard of living. Even though we've seen throughout the entire 20th and 21st centuries that it simply collapses standards of living and entire countries.


I'm not even saying that, only that people shouldn't be surprised to see differing and more "outsider" ideologies on the rise. This isn't a phenomenon with just college students or just on one side, or even in the states, it's happening in all generations across the West entirely.


It's only happening in the west because of a concerted and organized effort to brainwash an entire generation into radical leftism, all as a means of trying to collapse America from within.


Or you can recognize that this isn't something entirely unique to America and that its occurring across Western capitalist nations that haven't seen the results of the system benefitting them.

Explain to me the rise of alternatives to the typical political parties popping up all over with more than inane theories that are quasi talking points from the "Frankfurt School" conspiracy. It's not simply a resentment of capitalism, it's a resentment of the status quo that haven't netted the average person results they thought were coming.
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creativerealms
08/14/18 2:11:00 PM
#55:


Coffeebeanz posted...
Socialism is great until you're the one paying the taxes

As long as you are getting paid enough so that you still have money after taxes it's not a problem. Besides its worth paying for something you may one day need.

That said I am in favor of both. There are things that shouldn't be controlled by free market capatalism, like healthcare.
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Coffeebeanz
08/14/18 2:11:05 PM
#56:


it's a resentment of the status quo that haven't netted the average person results they thought were coming.

Because the average person grossly overestimates their worth to society due to years of overinflated self-worth.

That's not to say they can't or shouldn't be more successful. Our entire generation has been royally screwed by decades of Boomers (in particular) milking this system dry.
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Dyinglegacy
08/14/18 2:12:47 PM
#57:


FLUFFYGERM posted...
Sayoria posted...
This is because if you are under 30 years old, you are more than likely never going to see retirement.


If you invest $200 a month from ages 25 to 67 at 10% per year, you will end up with $1,550,794 at retirement age. $633,409 when adjusted for inflation.

This assumes you stash away just $200 a month for that long, and that you never get a raise, never get any match from any employer, and never make extra money from a side business. In other words, if someone is under 30 and is able-bodied and doesn't retire when they reach retirement age, it's because they were being a fucking loser.


People generaly live in the moment, and aren't all that concerned with the future. It's not that they never think about it, it's just that they want to have a good time right now. They don't want to save that extra 200 for later. They wanna spend it right now on new toys, eating out at resturants and other entertaining things.

We need to teach savings in school, from an early age. Maybe some dicipline classes too. Hell, I would have benefited from that for sure. Maybe I wouldn't be in my current predicament. Student loans out the ass, and little to show for it.
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Intro2Logic
08/14/18 2:13:07 PM
#58:


FLUFFYGERM posted...
If you invest $200 a month from ages 25 to 67 at 10% per year, you will end up with $1,550,794 at retirement age. $633,409 when adjusted for inflation.

10% growth yearly for 40 years seems like a massive assumption that you're passing off as simple and easy.
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The Great Muta 22
08/14/18 2:14:12 PM
#59:


FLUFFYGERM posted...
Sayoria posted...
This is because if you are under 30 years old, you are more than likely never going to see retirement.


If you invest $200 a month from ages 25 to 67 at 10% per year, you will end up with $1,550,794 at retirement age. $633,409 when adjusted for inflation.

This assumes you stash away just $200 a month for that long, and that you never get a raise, never get any match from any employer, and never make extra money from a side business. In other words, if someone is under 30 and is able-bodied and doesn't retire when they reach retirement age, it's because they were being a fucking loser.


You have no idea what the poor and rural part of the country is going through if you feel they can simply "stash away" $200 a month for their entire life with not ever touching it. My advice to you would be actually spend some time in rural America and away from your sheltered existence to meet the people of this country sometime.

Or don't and continue being a judgemental asshole, idc
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Giant_Aspirin
08/14/18 2:14:33 PM
#60:


Intro2Logic posted...
FLUFFYGERM posted...
If you invest $200 a month from ages 25 to 67 at 10% per year, you will end up with $1,550,794 at retirement age. $633,409 when adjusted for inflation.

10% growth yearly for 40 years seems like a massive assumption that you're passing off as simple and easy.


correct.
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#61
Post #61 was unavailable or deleted.
Bloodychess
08/14/18 2:15:21 PM
#62:


M_Live posted...
Can we get a statistic on how many Republican voeters are on welfare

Why do you want just Republican voters?
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Coffeebeanz
08/14/18 2:15:46 PM
#63:


M_Live posted...
Can we get a statistic on how many Republican voeters are on welfare


It'd be almost as interesting as how many Democrats donate to charity.
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darkphoenix181
08/14/18 2:20:07 PM
#64:


Roshon posted...
darkphoenix181 posted...
They just want free college.

And for apple to give all their trillions away so that we all have a living wage.

Meanwhile, they have the latest iphone.


College used to be free or inexpensive. It keeps getting outrageously higher after each generation.


Actually, it used to be only the rich went to college. Quite the opposite of your assertion.

The real problem is that nowadays a job like secretary requires college degree when it shouldn't.
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Cosmic_Diabetic
08/14/18 2:20:18 PM
#65:


In this topic I have seen all these being posted unironically:

the iphones
venezuela
conspiracy theories of brainwashing of college kids to collapse capitalism
not working hard
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Bloodychess
08/14/18 2:21:57 PM
#66:


I like socialism on paper, I just don't trust human beings to faithful carry out it's ethos
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darkphoenix181
08/14/18 2:22:04 PM
#67:


Iphone was an irony.

People being upset about apple being the first trillion dollar company and saying that shouldn't be while having the latest iphone is basic irony.
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Zeeak4444
08/14/18 2:22:55 PM
#68:


FLUFFYGERM posted...
luigi13579 posted...
FLUFFYGERM posted...
It's only happening in the west because of a concerted and organized effort to brainwash an entire generation into radical leftism, all as a means of trying to collapse America from within.

By who (and for what reason)?


China, Russia, and probably Saudi Arabia and other middle eastern countries. For the purpose of eliminating the one remaining large roadblock to implementing surveillance states and total control over everyone.


Lol
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Giant_Aspirin
08/14/18 2:23:20 PM
#69:


Cosmic_Diabetic posted...
In this topic I have seen all these being posted unironically:

the iphones
venezuela
conspiracy theories of brainwashing of college kids to collapse capitalism
not working hard


not to mention this conspiracy theory is being pushed by the same poster who, ITT, claims capitalism will fix everything. yet, somehow, that same infallible system allows for such conspiracies to flourish.

*ponders*
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FLUFFYGERM
08/14/18 2:24:03 PM
#70:


Giant_Aspirin posted...
Intro2Logic posted...
FLUFFYGERM posted...
If you invest $200 a month from ages 25 to 67 at 10% per year, you will end up with $1,550,794 at retirement age. $633,409 when adjusted for inflation.

10% growth yearly for 40 years seems like a massive assumption that you're passing off as simple and easy.


correct.


My assumptions were conservative in that I assumed that this person was never earning a raise, was never earning a match from their employer, and was never doing anything on the side to increase their earning potential.

The historical average inflation-adjusted return for the S&P 500 is 7%. (Close to 10% before adjusting for inflation). VTSAX 5-year return is 12.81% and anyone who is putting money into the market should spend time balancing their portfolio and moving investments around as needed to keep the performance going.

You can find index funds with much higher returns than that.

It doesn't take a lot of money each month to get you a comfortable retirement.
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FLUFFYGERM
08/14/18 2:24:59 PM
#71:


Giant_Aspirin posted...
Cosmic_Diabetic posted...
In this topic I have seen all these being posted unironically:

the iphones
venezuela
conspiracy theories of brainwashing of college kids to collapse capitalism
not working hard


not to mention this conspiracy theory is being pushed by the same poster who, ITT, claims capitalism will fix everything. yet, somehow, that same infallible system allows for such conspiracies to flourish.

*ponders*


it's embarrassing that you think that weird argument you made about the free market creating new education systems was actually an argument, and it's also dishonest of you to lie about me claiming capitalism will fix everything. that's why i've kept my responses to you at a bare minimum lmfao.
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YUHH
08/14/18 2:25:02 PM
#72:


FLUFFYGERM posted...
It doesn't take a lot of money each money

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FLUFFYGERM
08/14/18 2:25:27 PM
#73:


YUHH posted...
FLUFFYGERM posted...
It doesn't take a lot of money each money


each month* to get you a comfortable retirement
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Jaded_Dragon
08/14/18 2:28:02 PM
#74:


Everybody hates socialism until they need welfare, medicare, social security, or a bailout. Then it's all gravy.
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Coffeebeanz
08/14/18 2:29:11 PM
#75:


Jaded_Dragon posted...
Everybody hates socialism until they need welfare, medicare, social security, or a bailout. Then it's all gravy.


Then they apply for it and can't get it because the socialist government lied to you. Then the government tries to blame capitalists, or other countries, for your problems.
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Giant_Aspirin
08/14/18 2:30:36 PM
#76:


FLUFFYGERM posted...
Giant_Aspirin posted...
Cosmic_Diabetic posted...
In this topic I have seen all these being posted unironically:

the iphones
venezuela
conspiracy theories of brainwashing of college kids to collapse capitalism
not working hard


not to mention this conspiracy theory is being pushed by the same poster who, ITT, claims capitalism will fix everything. yet, somehow, that same infallible system allows for such conspiracies to flourish.

*ponders*


it's embarrassing that you think that weird argument you made about the free market creating new education systems was actually an argument, and it's also dishonest of you to lie about me claiming capitalism will fix everything. that's why i've kept my responses to you at a bare minimum lmfao.


biut its wildly illogical for someone who continuously spouts the merits of the free market to then blame the same free market for brainwashing constituents against itself.
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Tmaster148
08/14/18 2:30:53 PM
#77:


No surprise proudclad believes in schools brainwashing kids when he has posted anti-vax stuff before.
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Coffeebeanz
08/14/18 2:31:31 PM
#78:


Tmaster148 posted...
No surprise proudclad believes in schools brainwashing kids when he has posted anti-vax stuff before.


Aren't hippie-dippie commune types the most likely to be anti-vaxxers?
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FLUFFYGERM
08/14/18 2:31:31 PM
#79:


I haven't posted anti-vax stuff, that's a blatant lie.
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FLUFFYGERM
08/14/18 2:32:19 PM
#80:


Coffeebeanz posted...
Tmaster148 posted...
No surprise proudclad believes in schools brainwashing kids when he has posted anti-vax stuff before.


Aren't hippie-dippie commune types the most likely to be anti-vaxxers?


Leftists were the ones who originally started on the anti-vax anti-gmo train, it's true.

And he's lying, he knows I'm not an anti-vaxxer but keeps spreading that lie because I argued that governments should not have the authority to forcibly inject people with vaccines.
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Giant_Aspirin
08/14/18 2:32:43 PM
#81:


FLUFFYGERM posted...
Giant_Aspirin posted...
Intro2Logic posted...
FLUFFYGERM posted...
If you invest $200 a month from ages 25 to 67 at 10% per year, you will end up with $1,550,794 at retirement age. $633,409 when adjusted for inflation.

10% growth yearly for 40 years seems like a massive assumption that you're passing off as simple and easy.


correct.


My assumptions were conservative in that I assumed that this person was never earning a raise, was never earning a match from their employer, and was never doing anything on the side to increase their earning potential.

The historical average inflation-adjusted return for the S&P 500 is 7%. (Close to 10% before adjusting for inflation). VTSAX 5-year return is 12.81% and anyone who is putting money into the market should spend time balancing their portfolio and moving investments around as needed to keep the performance going.

You can find index funds with much higher returns than that.

It doesn't take a lot of money each month to get you a comfortable retirement.


your assumption also conveniently ignores the possibility of a financial tragedy like a layoff or a serious medical problem.

this mentality of "its trivially simple for everyone to save $X/month" is just rooted in ignorance and privilege.
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ledbowman
08/14/18 2:33:28 PM
#82:


Good. Time to try something different.
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Tmaster148
08/14/18 2:34:06 PM
#83:


FLUFFYGERM posted...
I haven't posted anti-vax stuff, that's a blatant lie.


You used the immigrant children being sedated by Trump admin as a reason we shouldn't let the government vaccine children
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FLUFFYGERM
08/14/18 2:35:19 PM
#84:


Giant_Aspirin posted...
FLUFFYGERM posted...
Giant_Aspirin posted...
Intro2Logic posted...
FLUFFYGERM posted...
If you invest $200 a month from ages 25 to 67 at 10% per year, you will end up with $1,550,794 at retirement age. $633,409 when adjusted for inflation.

10% growth yearly for 40 years seems like a massive assumption that you're passing off as simple and easy.


correct.


My assumptions were conservative in that I assumed that this person was never earning a raise, was never earning a match from their employer, and was never doing anything on the side to increase their earning potential.

The historical average inflation-adjusted return for the S&P 500 is 7%. (Close to 10% before adjusting for inflation). VTSAX 5-year return is 12.81% and anyone who is putting money into the market should spend time balancing their portfolio and moving investments around as needed to keep the performance going.

You can find index funds with much higher returns than that.

It doesn't take a lot of money each month to get you a comfortable retirement.


your assumption also conveniently ignores the possibility of a financial tragedy like a layoff or a serious medical problem.

this mentality of "its trivially simple for everyone to save $X/month" is just rooted in ignorance and privilege.


No, it's not rooted in ignorance or privilege at all. It's rooted in basic math and access to freely available data on the average household income. And I already specified that we're talking about able-bodied people. Obviously someone who can't work anymore is an exception to that.

But note how you have to be dishonest and always zero in on the edge cases that you think prove your point, rather than make any concessions whatsoever about what the average person can accomplish and does accomplish.

People routinely spend much more than $100 a month on coffee, cable, exorbitant car payments for more car than they need, and just general waste.
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Balrog0
08/14/18 2:35:27 PM
#85:


Coffeebeanz posted...
Tmaster148 posted...
No surprise proudclad believes in schools brainwashing kids when he has posted anti-vax stuff before.


Aren't hippie-dippie commune types the most likely to be anti-vaxxers?


No.

https://www.ncbi.nlm.nih.gov/pmc/articles/PMC5784985/
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FLUFFYGERM
08/14/18 2:35:47 PM
#86:


Tmaster148 posted...
FLUFFYGERM posted...
I haven't posted anti-vax stuff, that's a blatant lie.


You used the immigrant children being sedated by Trump admin as a reason we shouldn't let the government vaccine children


And only the most ignorant and dishonest individuals could assume that's an argument against vaccinations.
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Kineth
08/14/18 2:37:13 PM
#87:


When you gonna buy that book for me to read?
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Giant_Aspirin
08/14/18 2:38:01 PM
#88:


FLUFFYGERM posted...
Giant_Aspirin posted...
FLUFFYGERM posted...
Giant_Aspirin posted...
Intro2Logic posted...
FLUFFYGERM posted...
If you invest $200 a month from ages 25 to 67 at 10% per year, you will end up with $1,550,794 at retirement age. $633,409 when adjusted for inflation.

10% growth yearly for 40 years seems like a massive assumption that you're passing off as simple and easy.


correct.


My assumptions were conservative in that I assumed that this person was never earning a raise, was never earning a match from their employer, and was never doing anything on the side to increase their earning potential.

The historical average inflation-adjusted return for the S&P 500 is 7%. (Close to 10% before adjusting for inflation). VTSAX 5-year return is 12.81% and anyone who is putting money into the market should spend time balancing their portfolio and moving investments around as needed to keep the performance going.

You can find index funds with much higher returns than that.

It doesn't take a lot of money each month to get you a comfortable retirement.


your assumption also conveniently ignores the possibility of a financial tragedy like a layoff or a serious medical problem.

this mentality of "its trivially simple for everyone to save $X/month" is just rooted in ignorance and privilege.


No, it's not rooted in ignorance or privilege at all. It's rooted in basic math and access to freely available data on the average household income. And I already specified that we're talking about able-bodied people. Obviously someone who can't work anymore is an exception to that.

But note how you have to be dishonest and always zero in on the edge cases that you think prove your point, rather than make any concessions whatsoever about what the average person can accomplish and does accomplish.

People routinely spend much more than $100 a month on coffee, cable, exorbitant car payments for more car than they need, and just general waste.


some people do. some people don't and are still poor. not recognizing that is intellectually dishonest.
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Damn_Underscore
08/14/18 2:41:58 PM
#90:


Capitalism - saving money and therefore your comfort after retirement are up to you

Socialism - saving money and therefore your comfort after retirement are up to the government

It's really that simple. In America there's a mix of both with Social Security and Medicare, but it's mostly capitalism. You have to take the initiative to save your money. You have to decide to live frugally now because if you invest your money, it will pay off greatly by the time you retire.
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The Great Muta 22
08/14/18 2:43:44 PM
#91:


Proud again showing his blatant ignorance and how out of touch he is with the average American. My guess is you grew up in an upper middle class suburb and yet think you know and relate to the rural working man in America.

How fucking out of touch you are
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darkjedilink
08/14/18 2:48:15 PM
#92:


Doom_Art posted...
Makes sense. Young generation got a raw deal and the solution the older generation has is to dismiss their concerns with "work harder"

Not suggesting that I endorse socialism as a governing philosphy btw

The younger generation got that raw deal d7e to Socialism, though.
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darkjedilink
08/14/18 2:51:29 PM
#93:


Kineth posted...
When you gonna buy that book for me to read?

You have proven many, many times that you can't read, so why waste the money?
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Damn_Underscore
08/14/18 2:52:49 PM
#94:


What is the life of the average American, Muta?
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Doom_Art
08/14/18 2:53:09 PM
#95:


darkjedilink posted...
The younger generation got that raw deal d7e to Socialism, though

...what
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FLUFFYGERM
08/14/18 2:53:13 PM
#96:


Kineth posted...
When you gonna buy that book for me to read?


check your pms

The Great Muta 22 posted...
Proud again showing his blatant ignorance and how out of touch he is with the average American. My guess is you grew up in an upper middle class suburb and yet think you know and relate to the rural working man in America.

How fucking out of touch you are


lmfao I grew up in a large lower middle class (and when the recession hit lower class) family in the south side of chicago
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darkjedilink
08/14/18 2:54:30 PM
#97:


Doom_Art posted...
darkjedilink posted...
The younger generation got that raw deal d7e to Socialism, though

...what

Medicare, Medicaid, Social Security - all socialist policies that literally are the root of our financial problems.
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YUHH
08/14/18 2:55:42 PM
#98:


darkjedilink posted...
Doom_Art posted...
darkjedilink posted...
The younger generation got that raw deal d7e to Socialism, though

...what

Medicare, Medicaid, Social Security - all socialist policies that literally are the root of our financial problems.

I'd lean more towards the insane military spending but that's just me
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Giant_Aspirin
08/14/18 2:56:18 PM
#99:


darkjedilink posted...
Doom_Art posted...
darkjedilink posted...
The younger generation got that raw deal d7e to Socialism, though

...what

Medicare, Medicaid, Social Security - all socialist policies that literally are the root of our financial problems.


stagnating wages that dont keep pace with economic growth has nothing to do with it? interesting
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#100
Post #100 was unavailable or deleted.
FL81
08/14/18 2:56:54 PM
#101:


YUHH posted...
darkjedilink posted...
Doom_Art posted...
darkjedilink posted...
The younger generation got that raw deal d7e to Socialism, though

...what

Medicare, Medicaid, Social Security - all socialist policies that literally are the root of our financial problems.

I'd lean more towards the insane military spending but that's just me

tbh we need to cut spending everywhere
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