Historically Socialism, (Collectivism, Democratic Socialism, Communism, Totalitarianism or whatever other name you want to give it) has proved so wildly successful that Bernie Sanders, a major Democrat presidential candidate and his legion of supporters are thinking…
Argentina has such a great economy…
Venezuela no longer can import or produce most consumer goods…
Greece figured out a way to make temporarily make Germany pay for retirement benefits starting at age 50 and it only cost them their dignity and future…
Jews and other ‘undesirable’ groups fared so well under National Socialism (NAZI) rule in 1930’s and 40’s Germany…
The multitude of refugees fleeing Cuba in death defying homemade watercraft over the past half century just didn’t properly understand the tiny nations social principals and how poverty and oppression is good for them…
China even takes away their
citizens’ subjects’ right to reproduce with a one-child policy that is as cruel as it is demographically challenging…who’s going to take care of billions of geriatric Chinese in a few decades…
Even the once powerful Soviet Union has been banished to the dust heap of history…and yet many Americans, including Senator Bernie Sanders exclaim…
British Prime Minister Margaret Thatcher really was right about socialist governments when she stated that “They always run out of other people’s money.” It’s hard to deprive folks of their hard earned private property without also taking away other rights and freedoms:
… like the freedom of speech, an example of which is a proposal by Senator Sheldon Whitehouse (D-R.I.) to utilize R.I.C.O. laws designed to prosecute organized crime to go after climate change skeptics.
…like the freedom of the press which has suffered a number of assaults recently including the report of a Supreme Court Justice chomping at the bit to hobble independent journalism outlets like the Drudge Report utilizing a ‘reinterpretation’ of copywrite law or, as Jennifer Granock of Forbes described it in an article last year this “has been the most aggressive Administration in history, not only in going after whistleblowers, but also pursuing the reporters who write their stories” utilizing criminal statutes.
…even We The People‘s last bastion against tyranny or foreign invasion has come under attack with President Obama and Democrat presidential contender Hillary Clinton openly calling for firearms confiscations and the end to our 2nd Amendment as we know it.
Please encourage your friends and love ones who consider Socialism a construct worth considering to study Economics, History, Logic or even the psychology of basic human motivations so they can learn for themselves the devastation that a Tragedy of the Commons could reach on the scale of a nation such as ours.
Your 2014 tax return will ask if you had insurance coverage or qualified for an exemption. If not, you may owe a shared responsibility payment when you file in 2015.
The Internal Revenue Service in Four-Tax-Facts-about-the-Health-Care-Law-for-Individuals
Andrew’s Note: Doesn’t it sound so much better when they call it a “shared responsibility payment” instead of a TAX. Americans For Tax Reform calls the term Orwellian and it makes you wonder what other shared responsibilities the legislative, executive and judicial branches will select for us next. Can’t you just hear the rallying call of the founding fathers ‘shared responsibility payments without representation is treason!’ I think ‘shared responsibility payment’ will have to be the next entry in our Newspeak, A Modern Political Dictionary
The basic concept is simple… Every non-incarcerated adult citizen gets a monthly check from the government. Other safety net programs are jettisoned to pay for the mincome, and poverty is eliminated.
Andrew’s Note: Well not exactly welfare for all…we’re going to leave the convicts out. The folly of “Universal Basic Income” rears its head in the media again.
…aside…think that’s her real name?
Let us vote to provide for unemployment insurance for working men and women so that faces across America will not have the tear of desperation on their face… we cannot allow this to happen this season of joy and giving.
Andrew’s Note: What are you thinking Houston, Texas? You’ve given this self described “influential and forceful voice in Washington” nearly two decades to implement her great ideas…like this one to give unemployment insurance to employed people. As you may recall, this is the same public official that once asked NASA workers involved with the Mars Pathfinder program if the rover had taken a picture of the flag planted by the Apollo astronauts.
A journalist for The Atlantic named Elizabeth Stoker and her colleague Matt Bruenig are trying to create a monster even more destructive than Stoker’s namesake Bram created..but this one is known as the Universal Basic Income.
In the United States, we are generally told that poverty is a deeply complicated problem whose solution requires dozens of reforms on issues as diverse as public schooling, job training, and marriage.
But it’s not true. High rates of poverty can, as a policy matter, be solved with trivial ease. How? By simply giving the poor money.
The economically undereducated due go on to point out how simple the process would be and all the great benefits like:
Ludicrous, irresponsible spending is why we’re in trouble. As columnist Ron Hart points out, [President] Bill Clinton’s balanced budget spent $1.7 trillion. “Adjusted for inflation,” he writes, “our federal government would (have) a $200 billion surplus. But instead of increasing government spending in line with normal inflation, under [President] Bush and [President] Obama we are spending $3.8 trillion today. Democrats, who believe we have a ‘revenue’ problem instead of a ‘spending’ problem, must also think they have a bartender problem, not a drinking problem.”
The media obsess about tax rates, but spending is more important. As Milton Friedman taught us, spending is a far more accurate gauge of the government burden. If government spends a dollar, that dollar is taxed away from someone. If it’s borrowed, it’s removed from productive use, setting the stage for higher taxes later. If the government prints more dollars to fund spending, our purchasing power falls. Transferring purchasing power from the people to the government via inflation is a form of taxation.
If Republicans and Democrats reach a deal, the tax increases will be real — but spending “cuts” probably illusions. If they actually happen, they will only be reductions in already planned increases.
I think we ought to abolish the IRS and instead move to a simple flat tax where the average American can fill out taxes on postcard… Put down how much you earn, put down a deduction for charitable contributions, home mortgage and how much you owe. It ought to be a simple one-page postcard, and take the agents, the bureaucracy out of Washington and limit the power of government.
Andrew’s Note: Unfortunately instead of having less need for the IRS we’ve added a whole new line of business to their portfolio. Beginning in 2014 the IRS will be monitoring your health insurance to make sure you’re in compliance with the Affordable Care Act AKA Obamacare…I guess it makes a kind of sense…the current level of taxation does make me sick!
According to the Competitive Enterprise Institute (CEI) in their Annual Snapshot of The Federal Regulatory State, The Ten Thousand Commandments, the annual cost of compliance for that we must pay to stay within the ‘ten thousand commandments’ is over $1.8 Trillion! Explained another way, for every dollar in revenue that the U.S. government took in during fiscal year 2012, consumers and businesses paid another 73 cents in compliance costs. Those of us who own businesses see the costs of compliance directly (tax preparation, ACA, HIPPA, EPA regulations, etc.) and costs are necessarily passed through to the consumers. Those consumers also see direct compliance costs through items like the cost of tax preparation.
When I have to spend so much time, money and energy making sure I’m in compliance with laws and regulations…why does our Federal Government get a pass whenever they feel that a law or regulation is an annoyance. Living with the Affordable Care Act AKA Obamacare was an annoyance for Congressional employees so the government recently passed a new law exempting Congress and it’s staffers from the laws that the rest of us have to live with. In that case, at least Congress changed the law…but there are a number of other recent cases where our own government just ignores the laws it finds annoying. One such law that seems to be annoying our executive branch is the spending cap passed by Congress: (more…)
Government’s view of the economy could be summed up in a few short phrases:
Union Leader and President, Ronald Reagan
Taxes are what we pay for civilized society.
Justice Oliver Wendell Holmes, Jr.
Andrew’s Note: When Justice Holmes wrote that Federal taxes were less about 4% of Gross Domestic Product (GDP), in 2012 Federal Taxes now consume about 16% of GDP and we spend a great deal more than that.