this post was submitted on 26 May 2025
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United States | News & Politics
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The economy is always the top issue in any presidential election. Most Americans will not want a leftist economic policy. It will certainly mean high taxes in order to pay for all the social programs.
No, they like some social programs such as Social Security, Medicare, and Medicaid but things such as free education beyond high school and guaranteed minimum income will require high taxes.
Too much socialism is bad because it will certainly involve increasing taxes to pay for social programs. High taxes discourage people from working hard. Why would you work hard knowing much of your earnings would be taken away? Free education beyond high school would mean higher taxes not only to pay for the school but to spot scams. Scam trade schools would pop up which don't teach well and pass students who don't perform well.
Socialism is not "social programs," it's an economic mode of organization where public property is the principle aspect. Further, higher social programs invests in a more productive working class. Finally, Capitalists don't create any value, they exploit their wealth, it should be returned to the working class.