Trigger (heh) warning: This post is political in nature. This will likely get me landed into one of the Bernie Bro gulags, but I’m willing to risk it. You don’t have to read this post if you don’t want. You have been trigger (heh) warned.
Socialist elites fancy themselves as intelligent. They bang on the table, complaining “capitalism, capitalism, capitalism”, and it all sounds so lovely when packaged with free stuff.
In the next five minutes I’ll show you where the rubber meets the road and explain very simply why socialism is stupid. Always. Every time. Stop it. Every time.
First, Elizabeth Warren just doomed her run for president when she was faced by a father who saved up for his kids to go to college. He footed the bill, while his buddy bought a nicer car, went on vacations, and made the kids get loans to pay for their school. Now Warren (and, for that matter, Bernie) claims she wants the government to forgive student loan debt. In doing so, she would be penalizing those who did the noble thing and sacrificed so they could pay their kids’ way through school. Better, her plan hammers those who worked to pay for their own school. Meanwhile, those who frittered their money away are going to get, what, a $100,000-ish bonus from the government? Where can I sign up for that?! My kids are just about to head off to college!
On one hand, it can be said the economy was helped by the fella who blew his money on a car and vacations and took out a loan for school. On the other, by paying off that debt, with more debt, you’re reinforcing bad behavior in the family that squanders their money, and with the new influx of government
cash debt, college tuition goes through the roof because universities can get the money. This governmental two-step tit for tat completely cancels out any good the bad behavior does for the economy. And that’s why socialism sounds great but always crashes and burns. Always, every time. Socialism subsidizes bad behavior. The rule, tax what you don’t want, subsidize what you do, twas ever thus.
See, the ugly truth is, capitalism is the only thing that generates enough money to make socialism seem plausible (see also, John Maynard Keynes, the smart dumbass who made socialism seem plausible on paper and won a Nobel Peace Prize for the effort – the irony is amazing, ask Venezuelans how peaceful life is in Venezuela. Last I saw, the government was running protesters down). The real issue here is balancing in enough capitalism that socialism still lets it survive. See France.
Unfortunately, because socialism drags capitalism down, politicians who lack even a modicum of self-control and a rudimentary understanding of how stuff works, continually push for more free shit (socialism) to get elected. Eventually that unbalances the capitalism end and things go bad, causing the “state” to take over more industries to keep them running at a loss so people can have toilet paper. Eventually, “you run out of other peoples’ money” and socialism (more to the point, the bad behavior that socialism subsidizes) collapses the system.
Friends, it’s as simple as that. People will say true socialism has never had its day in the sun, it’s never been fully implemented. To believe this is ignorant, bordering on stupid. Paul Krugman, call the office. Venezuela was socialism. That is its day in the sun. The more socialism, the “state” taking over the means of production, is implemented, the less capitalism can breathe, the worse the economy does. It’s that simple.
It’s like saying President Obama performed the set up for President Trump’s economy… The only truth in that notion is Obama kept his foot on the neck of the economy so long, when Trump finally let the boot up and the blood started flowing to the brain again… well, the results are what they are. Awesome. Obama’s economy was disastrous because it was too much OAC. Trump is more the right balance, and why he deserves to be reelected come November.
Saying Obama did anything good for the economy by “managing the decline” is like saying he tried to open a jar for eight years. Along comes Trump and pops that sucker open with one deft move. Obama chimes in, “Yeah, but I loosened it for you!”
Capitalism is not perfect. It just beats the alternative. Every time.