Beating up on social security and the minimum wage is just an intellectual exercise. In truth, we don’t know what the right policy is any more than we know what the right speed limit or price of potatos should be. If I were smarter, I would never debate policy.
Don’t private corporations have “socialized” healthcare? Chesapeake energy has their own doctors on site in their Oklahoma office. They pay their employees $1,500/yr to work out at their on site gym. Guess socialized healthcare can work…
The only question that matters is how policy is chosen. If you can get that right, you’re gold. We should focus on how to choose policy (voluntarism versus aggression), and everything will become much clearer.