We can’t force labourers, engineers, supplies to make houses for free. And people shouldn’t have to work past retirement age. So we need higher old age security / social security retirement payments.
I agree that the system is currently pulling way too much money to the top. Of course it complicated as the billionaires aren’t actually spending much more personally that the multi millionaires - their money mostly is invested in stuff - their worth is just numbers on a computer. The delicate balance on inflation is based much more on the daily spending by the (lower) middle class population. If we instantly distributed the billionaires’ money to the working classes we’d cause huge inflation that would negate the benifit.
We can’t force labourers, engineers, supplies to make houses for free. And people shouldn’t have to work past retirement age. So we need higher old age security / social security retirement payments.
I agree that the system is currently pulling way too much money to the top. Of course it complicated as the billionaires aren’t actually spending much more personally that the multi millionaires - their money mostly is invested in stuff - their worth is just numbers on a computer. The delicate balance on inflation is based much more on the daily spending by the (lower) middle class population. If we instantly distributed the billionaires’ money to the working classes we’d cause huge inflation that would negate the benifit.