John Delaney 🇺🇸

@JohnDelaney ↗

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Last Checked Oct. 24, 2020

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Fri Apr 26 13:39:24 +0000 2019

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John Delaney 🇺🇸 @JohnDelaney

5/8 Thing about it this way. Rich people invest their savings in retirement accounts in the stock market. Most Americans, who don't have excess savings, only have social security, which is invested in Treasuries The stock market goes up faster than returns on Treasuries. — PolitiTweet.org

Posted April 26, 2019 Hibernated

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John Delaney 🇺🇸 @JohnDelaney

4/8 In many ways the largest asset each average American owns is their right to social security, which they create by paying into with their wages. It's a great program but doesn't it seem unfair that we don't invest these contributions for a higher rate of return? — PolitiTweet.org

Posted April 26, 2019 Hibernated

Followed By

John Delaney 🇺🇸 @JohnDelaney

6/8 Making matters worse, when after the recession we cut interest rates. This made the stock market go up and the rate on the social security trust fund go down. — PolitiTweet.org

Posted April 26, 2019 Hibernated