Bernie Sanders and Robert Reich Are Confused by Economics, And Government, And Reality
Confused - Times Two |
Socialists feebly cry “But they weren’t Socialist – they were Communist.” Which is a distinction with very little difference. Communism is Socialism – with a boot in the neck. The Communist boot is almost always ultimately necessary – because people eventually figure out Socialism stinks on ice. Which is why so many peaceful Socialist experiments end up as Communist totalitarian regimes. See: Orwell, George.
Unfortunately, the vast majority of Americans attend government schools. As Neal Boortz rightly notes: “If you go to a Catholic school – you get a pro-Catholic education. So if you go to a government school – you get a pro-government education.” Our government school system doesn’t teach that Socialism stinks on ice. They have for decades defied decades of evidence – and declared Socialism to be great. (And our colleges are at least as bad – if not worse.)
Ignorance replicated – resonates. Flash forward to today: Avowed Socialist Senator Bernie Sanders is a force in the Democrat presidential primary. Little known factoid: When in the Senate, primary opponent Hillary Clinton was only 0.1% less Left than Sanders. And they were ranked Numbers 15 and 13 respectively in the Democrat caucus – meaning there were a dozen Senators more Left than them. Know why Democrat National Chairman Rep. Debbie Wasserman Schultz (D-FL) can’t distinguish between a Democrat and a Socialist? Because they are indistinguishable.
Speaking of Miss Clinton – behold Robert Reich. Who was a Labor Secretary during her husband’s presidential administration. (What does Reich do now? Teaches college, of course.) Is Reich a Socialist? If it walks and talks like a duck,….
In 2010, he praised the uber-failed ObamaCare – and proposed similar huge government power grabs for just about every other economic sector. Foreshadowing Sanders, he called for a 70%-90% top income tax rate.
Now, Reich thinks uber-failed ObamaCare wasn’t huge-government enough – and demands a government-only single-payer system. He robustly defends Sen. Bernard Sanders (I-VT) $18 trillion (at least) in new spending. (Our entire national debt is currently $18.4 trillion.)
Suffice to say, Reich has about the economy very little to say that is of any actual assistance. The amount of Reality totally missed by him and his ilk is always dangerous – but just occasionally, they can be amusing in their blinkered, naif-like naiveté. So it was when Reich for the New York Times recently penned “Big Tech Has Become Way Too Powerful.”
The most valuable intellectual properties are platforms so widely used that everyone else has to use them, too. Think of standard operating systems like Microsoft’s Windows or Google’s Android; Google’s search engine; Amazon’s shopping system; and Facebook’s communication network. Google runs two-thirds of all searches in the United States. Amazon sells more than 40 percent of new books. Facebook has nearly 1.5 billion active monthly users worldwide. This is where the money is.
Well, government recently did intervene in the Tech Sector. In massive, all-encompassing, Reich-like fashion. The Barack Obama Administration just fundamentally transformed (royally messed up) the basic economics of the entire Tech World. It’s called Network Neutrality:
In actuality, Net Neutrality mandates that crony companies like Amazon, Netflix and Google get unequal, MUCH better treatment than do our Mom-and-Pop sites.
But Reich now writes that the huge companies his favored policies heavily favored – are too big and must be broken up. Confused? That’s certainly understandable – because Reich is terminally confused.
This is what happens when government and our Betters try to micromanage the economy. Like it’s controlled by a bunch of levers, and our Betters can lower this one, raise that one – and magically make everything great.
In Reality, the economy is like a long, thin balloon – and when our Betters press on one section, other sections in unanticipated ways bubble and warp. When the government pressure gets too great (like when they mandate banks make too many bad home loans) – the economy pops.
Reich and his ilk dropped Net Neutrality on the economy ballon. And watched an unexpected bubble arise – that benefits the companies Reich says are overly-benefitted and should be broken down. Whiplash-inducing, is it not?
Reich the Wiser couldn’t see that coming? No, because Reich doesn’t understand economics. Or government. Or government’s effects on economics.
Socialism officially doesn’t work. May we please finally stop trying it? And stop listening to those who still think it does?
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Seton Motley is the President of Less Government and he contributes to ARRA News Service. Please feel free to follow him him on Twitter / Facebook.
Tags: Seton Motley, Less Government, Bernie Sanders, Robert Reich, confused, economics, government, reality To share or post to your site, click on "Post Link". Please mention / link to the ARRA News Service. and "Like" Facebook Page - Thanks!
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