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Cory Doctorow /
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2023-11-01 16:21:32
in reply to nevent1q…0qg5

Cory Doctorow on Nostr: Less than one percent of Social Security benefits go to millionaires - that's because ...

Less than one percent of Social Security benefits go to millionaires - that's because the #OnePercent constitute *one percent* of the population. It's right there in the name. The one percent are politically and economically important, but that's because they are *low* in numbers. Giving Social Security benefits to everyone over 65 will not result in a significant outlay to the ultra-wealthy, because there aren't many ultra-wealthy people in America.

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