If you listen to the rhetoric of Bernie Sanders, you'd think that the United States is on the precipice of an economic disaster and that his socialist policies are the antidote to “make America great again”. This from a man who has never held a private sector job and has been on the government payroll for most of his adult years. In other words, he has been sucking on the “teat of Uncle Sam” practically forever. And he's telling us what to do?
Why has he had such a great impact and following on the part of the Millennials and other supposed “losers” in our country? Being an avowed socialist, ole Bernie is promising “free” this and “free” that, like he was handing out candy to the kids on Halloween. He implores the masses to vote for him and by doing that he will pay off their student loans, will give them free tuition at public colleges, he will raise the minimum wage to $15 per hour, and his biggest plum of a promise, “free heath care” in the form of universal Medicare for all. Sounds great? But, one might ask, how will he pay for all this largess that would be doled out by the government?
Well, that's not a problem to ole Bernie the socialist, he'd raise the taxes on the wealthy for all those “freebies” he plans on giving to the masses. Little does he realize that even if he levied a tax of 100% on the wealthy, he wouldn't even come close to the $94 trillion his plan would cost over a 10 year period. He is selling a Pig in a Poke.
Contrary to what Bernie, and his socialist acolyte Alexandria Ocasio-Cortez says, freedom, liberty, and free enterprise better insures that people get what they want. Profits (a dirty word to liberals) create incentives for businesses and entrepreneurs to meet the needs of its customers, you and I, the public. Without customers a business will fail. Central planning (the major feature of socialism) cannot compete with countries that embrace free enterprise capitalism. Albert Einstein, famed mathematician and physicist, once stated that “Sometimes one pays most for things one gets for nothing”.
Bernie, to his pals, is the “Pied Piper of Doom and Gloom”. He derides the excellent economy we are now experiencing by proclaiming that he is in favor of a “total transformation” of the American economic system (isn't that what Obama ran on in 2008?). He wants to change (unwittingly) the historically low unemployment rate (which is below 4%), he wants to add more restrictive regulations on the “greedy” businesses and corporations, and he wants to raise taxes on the wealthy businesses and entrepreneurs (the job creators) up to 70% of their income, all in the name of “fairness”. Doesn't he realize that the top 10% of wage earners pay a little over 70% of all income taxes? By punishing success and taking the incentive out of our economic blueprint, we will become a “mediocre” nation or worse, another Venezuela, Cuba, Nicaragua, South Africa, and other socialist oriented countries.
So yes, if ole Bernie gets elected (by some fluke of nature), his socialist “common sense” will be nothing but “nonsense”. We must not let him and his pals ruin the greatest economic machine on the face of the earth, the United States of America.
