39% of Americans favor socialism, US Treasury Secretary: because they don't trade stocks
More and more Americans are moving towards socialism.
Survey results show that last year, the percentage of Americans who had a favorable view of socialism reached 39%, while the percentage of those who favored capitalism dropped from 60% to 54%. Although it's still a big difference, in a long-established capitalist country like the United States, having nearly 3/5 of the population accept socialism is already shocking enough.
When asked about this result, US Treasury Secretary Bensinger was completely indifferent. He said that people who favor socialism think that way because they don't buy stocks.
Bensinger pointed out that if everyone bought stocks, when they saw their account balances increasing every day, no one would dislike capitalism.
He also said that currently, 38% of American families do not invest in stocks, which coincides with the proportion of people who support socialism, as they haven't made money through stocks.
But could it be that they are not unwilling to trade stocks, but rather cannot afford to? After all, a significant portion of Americans' income can only cover daily living costs, leaving no spare money for financial market investments.
It is worth noting that when Bensinger made these remarks, the S&P 500 was setting new records, breaking through the 7,000-point barrier, and Bensinger attributed this to the Trump administration's relaxed market policies.
It must be said that, in terms of making money, this generation of American government officials are all experts. Trump doesn't need to be mentioned, as the president leads by example, trading stocks, and the direction of the stock market is closely related to his words. A single sentence from him can make some people earn a fortune, while at the same time leading others to the rooftop.
Several close aides of Trump are also people who have climbed up from the money pile. Bensinger used to be a big shot on Wall Street, Witkoff is a real estate tycoon, originally a wealthy person, and after Trump's stock trading, they will only make more money.
According to Newsom, Trump earns 1.5 billion dollars a year. But from the recent performance of the financial markets, he may be earning even more than that.
Original: toutiao.com/article/1855627664378892/
Statement: This article represents the personal views of the author.