Democratic Primaries
Related: About this forumOK, I will grant that Sanders has just helped me in an argument today
A very business-y guy I know is freaking the fuck out because Sanders's platform includes diluting shares in companies and giving the result to labor, to the tune of 20%. This is actually a kind of cool idea, but in fact it is literally "socialism" like "not even a way to pretend otherwise" socialism, and he's freaking out because he hates Trump and wants him to lose but doesn't want this to be the result.
I kind of shrugged and said "guess you guys should have worked a little harder to keep Trump out of the White House. Was the 2017 tax cut worth losing 20% of your shares?"
He's not happy but he concedes the point.
primary today, I would vote for: Joe Biden
Garrett78
(10,721 posts)primary today, I would vote for: Undecided
George II
(67,782 posts)....big companies already give shares to their employees? I haven't worked for Honeywell for more than 25 years, but I have 1,000 shares of their stock now worth $179,000! I paid ZERO for them.
For almost 20 years I worked for an "ESOP" (Employee Stock Ownership Plan) - ALL shares in the company were owned by employees.
Inasmuch as he's never worked outside of government he probably wouldn't realize that.
primary today, I would vote for: Joe Biden
Recursion
(56,582 posts)That's the easiest thing in the world.
primary today, I would vote for: Joe Biden
George II
(67,782 posts)primary today, I would vote for: Joe Biden
Recursion
(56,582 posts)The power to tax is pretty impressive when you get right down to it.
primary today, I would vote for: Joe Biden
TomSlick
(11,097 posts)Amendment V:
".... nor shall private property be taken for public use, without just compensation."
primary today, I would vote for: Joe Biden
ecstatic
(32,682 posts)that Bernie's ideas will never happen, otherwise we'll lose.
primary today, I would vote for: Joe Biden