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by mlrtime 889 days ago
It's clear that people who don't understand financial theory should not be making policy decisions. Wealth is not 0 sum. You use these words "roads, kindergartens and retirement homes" to elicit a emotional response to try and manipulate opinion. I see this often and it is frustrating, but it's what good politicians do when they can't use facts.

JUST AN EXAMPLE: Tesla is in the S&P 500. Teachers pension funds invest heavily in the market.

https://www.barrons.com/articles/pension-bought-tesla-schwab...