Why I Don't Argue Politics With Those Who Do Not Agree With Me
Here is a conversation I had yesterday with someone close to me:
Him: Why should I be subsidizing health care for poor people?
Me: I don't hear you complaining about your Medicare drug benefit, which we are all subsidizing.
H: Why should we subsidize health care for people making over half a million a year?
M: Good question. Why are we subsidizing oil companies making tens of billions per quarter?
H: Because when oil was in the twenties per barrel, the oil companies needed the subsidies to explore for new oil.
M: That was years ago. Now that oil is $60 and $70 a barrel, why not simply end the subsidy?
H: Now the oil companies are getting subsidies to develop alternative energy. Why don't you buy stock in these companies? Middle class people are making a bundle on these stocks.
M: Huh? It's the wealthy who own the stock in those companies. Who do you think owns most of that stock?
H: Farmers own it. And factory workers are retiring on their 401ks in their company stocks.
M: Farmers? That stock is mostly held by the companies' upper management, wealthy individuals, and institutions.
H: Who do you think the institutions own the stock for?
M: Themselves, of course. And wealthy investors. Individual farmers and teachers and firemen own only a tiny fraction of stock relative to the wealthy. Those workers are losing their pensions when their companies, like United Airlines, go bankrupt, and upper management earns millions in golden parachutes.
H: When are you going to stop being a communist the rest of your life?
M: When are you going to stop being a fascist the rest of your life?