Larai Loc: Fallon, NV

Interesting... (My opinion, followed by the copied and pasted from an article with the link at the bottom)...The one thing I have noticed over the years, is that we as a country are already in what in my opinion would be a "soft socialism" Since LBJ! All the gov't programs that may have started out as a temporary program.. but it would seem what I've heard is true, that "Temporary Programs" are Never temporary! This admin wanting to forgive student loan debt pisses me off No end.. I had to pay mine.. took me a LONG time to do it, and a bit of hardship.. and all those other Americans paying for their own or their child's college tuition..I can see where they would be a tad bent also!.. having PAID OUR FAIR SHARE! Ugh..

Wanna a REAL Job/Career.. Go to a Trade school.. NOT an ivy league college unless your planning on being a doctor.. lawyer.. but things that make this country run.. are the TRADES.. steel.. concrete.. lumber etc.. computers/tech.. Guaranteed you'd get a real job.. may have to start at the bottom of the totem pole regarding duties/responsibilities. Or hell.. if you're able bodied Join the Military.. there has never been another "occupation" that teaches you a Multitude of things, like firstly self respect, and respect for others.. teaches a Bunch of different sk**ls to use in the world when you get out, or the GI benefit of goin to college.

End of Opinion, on to the article:

Townhall shares 7 reasons socialism will make you poorer than capitalism:


1) Socialism

benefits the few at the expense of the many: Socialism is superior to capitalism in one primary way: It offers more security. It’s almost like an extremely expensive insurance policy that dramatically cuts into your quality of life, but insures that if worse comes to worse, you won’t
drop below a very minimal lifestyle. For the vast majority of people, this would be a terrible deal. On the other hand, if you’re lazy, completely incompetent or alternately, just have a streak of very bad luck, the meager benefits provided by socialism may be very appealing. So a socialist society forces the many to suffer in order to make it easier for the few. It’s just as
Winston Churchill once noted, “The inherent virtue of socialism is the equal sharing of
miseries.”


2) Capitalism

encourages entrepreneurship while socialism discourages it: A government in a capitalist onomy
can quite easily give everyone e******y of opportunity with a few basic laws and regulations, but
socialism strives to create e******y of results. This should frighten people who value their Freedom because ultimately, as F.A. Hayek has noted, “A claim for e******y of material position can be met only by a government with totalitarian powers.” You can see this happening in
America as our efforts to reduce “ine******y” have led to an ever expanding government and a vast regulatory tangle that is almost unexplainable despite the fact that it is certainly
enforceable. Capitalism encourages people to start a business and build a better life for themselves while socialism lays in wait with IRS agents, nooses made of red tape and
meddling bureaucrats looking for businesses to control and l**t.

3) Capitalism leads to innovation: Coming up with new products is often time consuming,
expensive and hit or miss. Nine ideas may fail before that tenth one takes off. The less the
creative people behind these ideas are allowed to benefit, the less time, money and effort they’ll put into developing new concepts and inventions. Put another way, the bigger the risk, the
bigger the reward has to be to convince people to take it. Capitalism offers big rewards
for productive people while socialism offers makers only a parade of bureaucratic l***hes who want to take advantage of their “good fortune.”

4) Capitalism produces more economic growth: Capitalism produces considerably more economic growth than socialism and as John Kennedy said, “A rising tide lifts all boats.” A fast
growing economy produces more jobs, more wealth and helps everyone. Many people assume that capitalism isn’t working if there are still poor people, but that misses the point. In many parts of the world, poverty means living in a hut with a dirt floor while in America, most poor
Americans have TVs, refrigerators and cell phones. The rich may take home a larger share of the
pie in capitalism, but the poor also benefit tremendously from living in a growing, thriving
economy.

5) Socialism is too slow to adapt: Capitalism is extremely good at allocating capital to where it’s most valued. It has to be. Either you give people what they are willing to pay for or someone else will. On the other hand, socialism is slow and stupid for a variety of reasons. Because the
government is spending someone else’s money, it doesn’t get particularly concerned about
losing money. Political concerns about appearances often trump the effectiveness of a program. Moreover, even if politicians and bureaucrats are intelligent and competent, which are big “ifs,” they’re simply not going to have the specific knowledge needed to make decisions that may impact thousands of different industries. This is why capitalism may have its share of troubles, but when there are really colossal economic screw-ups, you’ll always find the government neck deep in the whole mess.

6) Socialism is inherently wasteful: Milton Friedman once said, “Nobody spends somebody else’s
money as carefully as he spends his own. Nobody uses somebody else’s resources as
carefully as he uses his own.” This is very true and it means that the more capital that is taken out of the economy and distributed, the more of it that will be wasted. The market does a
considerably better job of allocating resources than the government because there are harsh
penalties for failure. A company that makes products no one wants will go out of business. A
poorly performing government program that wastes a hundred times more money will probably
receive a bigger budget the next year.


7) Capitalism works in concert with human nature while socialism works against it: Ayn Rand
said it well, “America’s abundance was created not by public sacrifices to ‘the common good,’
but by the productive genius of free men who pursued their own personal interests and the
making of their own private fortunes. They did not starve the people to pay for America’s
industrialization. They gave the people better jobs, higher wages and cheaper goods with every new machine they invented, with every scientific discovery or technological advance—and thus the whole country was moving forward and profiting, not suffering, every step of the way,”
but Adam Smith said it better, “It is not from the benevolence of the butcher, the brewer,
or the baker, that we expect our dinner, but from their regard to their own interest.” A man will work much harder to take care of himself, his family and his friends than he will to make money for the state, which will then waste most of it before redistributing it to people who aren’t
working as hard as the man who earned it in the first place.


https://thefederalistpapers.org/us/capitalism-vs-socialism-brilliantly-explained-for-dummies

LogicallyRight Loc: Chicago

Agreed.

Antimarxist21

Excellent piece, I agree with all of it!!

RascalRiley Loc: Somewhere south of Detroit

Socialism sounds scary. Who would want that?

Larai Loc: Fallon, NV

Larai Loc: Fallon, NV

CounterRevolutionary

We have several structural flaws in Karl Marx's government central bank,
1) the FED (counterfeiting money devaluing the currency), and
2) Karl Marx's progressive tax (the more you make, the more the government takes),

That has made it impossible for people to work their way out of poverty. This has done more to destroy morale making it so that hard honest work does not pay off.

Ever since Karl Marx tested his ploy to destroy capitalism from the inside out by fomenting civil wars via bank robberies and plagues, humanity has been implementing Natural Se******n through the front lines.

Do we citizens own our government, our bodies, conscience, land and fruits of our labor? Or does the government own us as subjects, state chattel? Socialism is s***ery, a voluntary symbiotic relationship between the arrogant and the apathetic.

Why do we need 22 million federal employees to manage our money? I can balance my budget on the kitchen table "with half my brains tied behind my back" to quote Rush Limbaugh. I miss him.

RascalRiley Loc: Somewhere south of Detroit

“ Karl Marx's progressive tax (the more you make, the more the government takes), ”

That seems fair to me. How else is government to raise money? A consumption tax?

Larai Loc: Fallon, NV

Well..Super Far L*****t Lunatics!.. Not talking about the dems of old.. they are almost extinct. But this new breed, one of which, of the squats, AOC and her economics education.. I think I'd have to fire the professor.. because she knows Zero about the economy and how it works..

Her green new deal has this "president" & occupier of the WH runnin this country into the ground.. you don't throw out the baby with the bath water.. don't tear down f****l f**ls until there is a STABLE g***n e****y infrastructure.. Heavy emphasis on STABLE!

Both parties need to be spanked hard...the GOP for having NO Nads..& the Dems for having too much in the way of Nads..They Boldly do things they KNOW are unconstitutional.. But they do it anyway.. they seem to think they are above the law, and US.. We The People!!
the gov't needs to be reminded daily that we don't work for them, They work for US! Their Only job is to Constitutionally protect this country from enemies both foreign and domestic..so that WE can live our lives.. Now..(hence soft socialism) are up in our faces every day in one way or another!

Larai Loc: Fallon, NV

Absolutely Agree with all you said! 22 Million federal employees minding my budget.. hahahahahaha yea.. that's a joke.. right there with ya on that half my brain tied behind my back.. the old joke of the gov't not being able to even run a whore house..Mustang Ranch.. how can they possibly think they can do what's right for US... and Obviously they Can't!

RascalRiley Loc: Somewhere south of Detroit

Electric vehicles could lower demand for fuel and lower the cost.

Larai Loc: Fallon, NV

Maybe that could be true.. but not at their current cost for consumers.. maybe wait til they go by way of the computer, that got way faster for wayyy less money..Over the years... when I went to computer school..I was on a 333 MHZ bottom of the barrel bare bones computer, by the time I graduated that course.. they were up to 450 MHZ, 6 months later, it was 750, then 950, then a gig.. but the cost came way down. When electric cars come down in cost, it could be something to consider.. however, how are you going to charge them.. solar.. do you have any idea how much it would be to set up a charging station of your own in your garage.. or how are they gonna power all those charging stations they plan to put all over the country..electricity comes to mind. Solar is NOT the do all be all .. sometimes, while the sun does come up every morning.. sometimes it's not strong enough due to clouds rain.. winter months etc.. there is a LOT more to this!..Spending roughly $50K on an electric vehicle isn't w/in reach of most folks!..

CounterRevolutionary

The idealism of free markets and free men is most appealing. But nobody is addressing the causes of Creeping Fabian Socialism.

Are you aware that House Banking chair, Louis McFadden, in 1934 testified before Congress his exposure of the biggest banking heist in world history triggering the Great Depression? Woodrow Wilson's Federal Reserve Bank "loaned" every brick of gold from Fort Knox to fund the Bolshevik Revolution, Lenin and Hitler in exchange for art as collateral? Three attempts were made on Louis McFadden's life, the third was successful.

Kaiser Wilhelm did likewise, robbing the Reich's banks to rid Germany of Czar Nicholas' war on a second front. The Treaty of Versailles did not bankrupt post war Germany, the Bolsheviks did. The Mark was already worthless.

There was the Spanish flu and 23 million cases of typhus in Russia followed by Relapsing Fever by 1916. The world was ripe for a c*******t revolution. Red China is orchestrating the same global plot today. Doesn't anybody recognize the same pattern here with C***d and Biden's currency devaluation?

RascalRiley Loc: Somewhere south of Detroit

They are making huge gains in long term storage of electric energy and there are more and more innovative ways to generate energy from the environment. It is happening.

CounterRevolutionary

Oh, dear! I just listened to Larry Kudlow tonight answer your question. This is a mysterious rule of money: Less is more.

Promoting business growth through cutting taxes actually expands the tax base and reaps more tax revenue.

Even the Democrats know this. The rich pass their losses along to their customers and the poor. The Democrats' game is playing the envy card, which in turn impoverishes the poor further, containing the ghetto in the ghetto. The Democrats are the masters of their own misery.