One advocate said the Texas Republican laid bare the "two-pronged strategy to push Social Security privatization: Creating the Trump accounts with one hand and gutting the Social Security Administration with the other."

In the not-too-distant future, Cruz envisioned, “we’re going to be able to go to parents and say, ‘Hey, you know that Trump Account your kid has? … Wouldn’t you like to be able to keep a portion of your tax payments that you’re paying already and, instead of sending it to Uncle Sam, wouldn’t you like to have a Trump Account just like your kid does?’'’

“My prediction is, within five years, that is going to have a really compelling constituency,” the Texas Republican added.___

    • Corkyskog@sh.itjust.works
      1·
      15 hours ago

      At current speed, it will happen way before that. Paper oil is being subsidized, there is like a $40 difference between delivery and future prices. Even if more oil is released from SPR, it isn’t being used as fast as refined product demand. Thisisfine.jpg