What are the strongest evidence based economic arguments against expanding social-democratic policies in the United States?

I'm asking this in good faith because I'm trying to better understand the strongest arguments from mainstream economics, not partisan politics.

Many policies that are often described as "socialist" or "social-democratic"—such as universal healthcare, tuition-free public college, stronger labor protections, expanded paid leave, higher taxes on top earners, or a larger social safety net appear to work reasonably well in several wealthy countries.

At the same time, many economists and policymakers argue that expanding these types of policies in the U.S. would create significant economic costs or unintended consequences.

What are the strongest evidence-based arguments against adopting more of these policies in the United States?

I'm open to having my assumptions challenged and would appreciate responses that cite research where possible.

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u/-NamelessOne — 4 days ago

What are the strongest evidence-based economic arguments against expanding social-democratic policies in the United States?

I'm asking this in good faith because I'm trying to better understand the strongest arguments from mainstream economics, not partisan politics.

Many policies that are often described as "socialist" or "social-democratic"—such as universal healthcare, tuition-free public college, stronger labor protections, expanded paid leave, higher taxes on top earners, or a larger social safety net—appear to work reasonably well in several wealthy countries.

At the same time, many economists and policymakers argue that expanding these types of policies in the U.S. would create significant economic costs or unintended consequences.

What are the strongest evidence-based arguments against adopting more of these policies in the United States?

I'm open to having my assumptions challenged and would appreciate responses that cite research where possible.

reddit.com
u/-NamelessOne — 4 days ago
▲ 1 r/FinancialCareers+1 crossposts

Which job should I take?

Accounting graduate here:

I have a full time offer as a tax associate at an accounting firm beginning in 2027. The position starts at $80k + benefits. I’m focusing on studying for the CPA exams before my start date. The firm paid for my study materials and is incentivizing completion of the tests.

After looking for part time work for the last couple of weeks I have two options:

#1: Delivery driver: $23 /hr - 20 hours a week. Two 10 hour shifts which allows more study time and flexibility with my schedule.

#2: Credit Union Teller $23 /hr 30-34 hours a week. Anticipating at least 4 days a week in person work requirement.

Which option should I go with? The credit union option would keep me in the financial industry and might be nice to have bank experience on the resume down the road. The delivery option would give me more time to study for the CPA exams, but is less money in the current period and not in my preferred field.

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u/-NamelessOne — 25 days ago