Comment on White House website publishes a page on "socialism". They think it will scare people to hear that if we tax 1000 billionaires, $355,000 worth of benefits will be distributed to 150,000,000 households.

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Rivalarrival@lemmy.today ⁨1⁩ ⁨week⁩ ago

When I spend $20 on a pizza, I receive $20 worth of pizza.

When the government spends $355,000 on medical care for the public, the public receives $355,000 worth of medical care.

OP’s claim is just the flip side of the White House claim. By not having the government spend that money, we are taking on that $355,000 burden individually, rather than collectively through a risk pool.

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