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During an appearance on FOX Business’ “Varney & Co.” on Thursday, Home Depot co-founder Ken Langone said, sarcastically, he hopes the Massachusetts senator wins the presidential election because she would then do such a poor job of handling the economy, it would set the Republicans up for wins over the next several years after that.
Langone echoed that sentiment which first came from his friend and legendary hedge fund manager Stan Druckenmiller.
“Whoever wins has got to redeem some of those promises,” Langone said Tuesday. “And it’s going to be painful.”
When Varney brought up Warren’s wealth tax, which aims to combat rising income inequality by implementing a 2 percent tax on individuals with a net worth above $50 million, and a 6 percent tax on those worth more than $1 billion, and how it could help her win, Langone replied with some advice of his own: end Social Security in order to “win big.”
“Take away my Social Security. What the hell am I doing getting $3,000 a month from the government, my wife gets another thousand -- it's a disgrace -- they haven't got the guts to do it…That's an easy one. That's a slam dunk,” he said. “I got a simple rule. If you own two homes, anybody who owns two homes, no Social Security. That's just a simple rule.”
Langone also ripped Warren over claims of being Native American and pregnancy discrimination.
“I would rather be a freeloader than a liar like her -- and she is a liar,” he said.