Sooner or later, they run out of other people’s money.
Contemplating the silly pronouncements of Alexandria Ocasio-Cortez, self-declared socialist and surprise winner of Democratic primary in New York’s 14th congressional district, I wonder if this particular form of political stupidity requires a certain level of affluence to thrive.
Capitalism is the greatest engine for the production of wealth that the ingenuity of man has ever devised. But after it achieves a certain level of prosperity, it regularly excretes characters like Ms. Ocasio-Cortez, beneficiaries of capitalism whose contempt for its strictures is equaled only by their ignorance of its tenets.
Margaret Thatcher famously observed that the problem with socialism is that sooner or later you run out of other people’s money. Ocasio-Cortez hasn’t grasped that yet. Thus she has campaigned for tuition-free universities and the forgiveness of all student loan debt in the United States, the price tag for which is well in excess of $1 trillion. She wants the United States to abandon fossil fuels and somehow (physics is not her forte) run the electric grid entirely on wind and solar power. Naturally, she advocates a single-payer health care system and wants to abolish the U.S. Immigration and Customs Enforcement agency.
The implementation of any one of these proposals would seriously hurt US prosperity. Taken all together they would push the country far down the road towards penury, the inevitable result of socialism.
Calls for socialism recur like plagues of locusts every several years, most virulently, it seems, not when the economy is suffering but when it is booming.
That’s because socialism is parasitic in nature, unable to exist for long without the affluence provided by capitalism to feed on. Look at Europe, leeching off of America’s providing for its defense since WW2, for Exhibit A. The howls of fearful outrage over Trump DESTROYING NATO OMGOMGOMGELEVENTY!!! via his insistence that the freeloaders begin ponying up their share of the tab would be Exhibit B.
Meanwhile, the Democrat Socialist Party would like you to know that no, as a matter of fact they AREN’T socialist, despite their decades-old demands for pretty much everything Occasional-Cortex burped up above:
Both Rep. Maxine Waters and Sen. Elizabeth Warren got pressed on the issue this week by CNBC’s John Harwood, and both denied the “S” label.
“The Democratic Party is not a socialist party,” Waters said. But then she followed that up by saying of socialist Bernie Sanders, “I consider him basically a Democrat.”
Far-left Sen. Warren felt the need to make it clear that “I am a capitalist. Come on. I believe in markets.”
For now, Democrats don’t want to admit what their party has turned into, because the “socialist” brand isn’t very popular.
But look at what it now stands for.
The Democratic base went head over heels for socialist Bernie Sanders in 2016, to the point where he nearly stole the nomination from Hillary Clinton — who said she struggled with her own party because they thought of her as a “capitalist.”
Democrats have by and large embraced a “Medicare for all” health plan that would outlaw private insurance and is to the left of every other health system in the world, except maybe Cuba.
Many of the 2020 presidential hopefuls are on board with “government-guaranteed jobs,” an idea last seen in the Soviet Union’s constitution.
And, as if that weren’t enough, Democratic Party Chairman Tom Perez called socialist Ocasio-Cortez “the future of our party.”
We don’t doubt that many Democrats are sincere in their belief that they are sensible centrists. And there’s no doubt that some still are.
Name three. More to the point: name three that would have any hope at all of successfully competing for their criminal-conspiracy of a political party’s nomination for President, or who weren’t effectively drummed out of said Party long ago.
Now let’s see: it walks like a duck, it swims like a duck, it quacks like a duck. But it says it’s not a duck. So who you gonna believe, the Democrat Socialists or your own lyin’ eyes?