Katherine Mangu-Ward

Right.

So I would say again,

there are plenty of folks who identify as libertarians and support some form of social safety net.

But I think that that is a radically different thing than what we have right now.

So what we have right now is, you know, for older people, we have a universal entitlement, right?

It is a transfer to the- Yeah, it was originally pitched as poverty prevention.

Right.

It's a transfer to one of the wealthiest demographics.

It goes to everyone without much regard to their income.

We've been extremely reluctant to push up the age limit more than just a couple of years, despite people living longer and being healthier.

There's all these places where a thing that has that was pitched as a social safety net isn't is operating properly.

totally unlike you would expect a reasonable social safety net to operate.

And I think you can see that with Social Security.

You can see it with our health care entitlements, especially Medicare.

And, you know, we can also see it in all kinds of other places where I think you can get even more controversial, like education entitlements.

Right.

I'm not saying cut public schools tomorrow, but I am saying what about student loans?

Student loans is a great example of, you know, we like the amount of student loan debt that is held by people in possession of master's degrees.

Just that like just that simple fact really puts paid to me to the idea that that is a poverty alleviation program.

Right.