By J. D. Heyes
Like war, getting into socialism is always much easier than getting out of it.
Americans may get to experience the horrors of one of the world’s most chronically destructive economic systems if any one of the declared 2020 Democratic presidential candidates wins the White House and brings a majority of Democrats with them to Congress.
Sen.Â Kamala HarrisÂ of California is one such Democratic candidate who has already become a favorite of the Leftist â€œmainstreamâ€ media (MSM), if not Democratic voters. Not only doesÂ she â€˜check several boxesâ€™ deemed importantÂ for the partyâ€™s extremist wing â€” sheâ€™s a minority, born to immigrant parents, a woman, and much younger than most other declared Democratic candidates — she is also wedded to the partyâ€™s newly adopted socialist/Marxist economic model.
If she gets her way, for instance, sheâ€™d repeal portions of the GOPâ€™s 2017 tax reform bill that would take away benefits for anyone earning more than $100,000 â€” which, in many parts of the country isnâ€™t anything at all like being â€œwealthy.â€
Specifically,Â she is proposingÂ offering a refundable tax credit of $6,000 to married couples earning $60,000; single filers earning $30k per year and single parents making $80k would get $3,000, but then the credit begins phasing out. Single filers making $50k per year and single parents earning $100k annually would get nothing back. And again, she pays for this by taking away from â€˜richâ€™ folks earning a hundred grand.
“Independent” Sen. Bernie Sanders, a lifelong committed Communist and socialist, would usher in similar policies. He’s been arguing for them for decades, especially universal, government-mandated-and-controlled healthcare — a proposition so expensive that even the Leftists in his home state of Vermont determined it’s unaffordable.
Other Democrats leaping into the 2020Â presidential lottery are proposing similar policies: Higher mandated minimum wages; free college; increased housing ‘allowances’; even basic government (taxpayer)-supplied incomes.
All of this largess is alluring to people, which is why it’s easy to bring about socialist economic policies. Who doesn’t love getting something for nothing? The promise of payola at someone elseâ€™s expense has always been socialism’s biggest draw, but it’s also socialism’s biggest cause for failure.
Because as weâ€™re seeing play out in once-wealthy Venezuela and as we’ve seen play out in countries like the former Soviet Union, Cuba, and scores of others in the Global South, eventually socialist governments run out of OPM –Â other people’s money. The mandated wages and benefits can’t be paid out when there is no more money left to steal from the “haves.”
Capitalism may have some flaws, but its core principles are what has led to the greatest creation of wealth in the history of the world, as evidenced by the success of the United States.
As Venezuela continues itsÂ escalating descent into chaos, there’s a lesson here Americans of all political persuasions should commit to memory: Itâ€™s easy to vote socialism in, but youâ€™ve got to shoot your way out of it.
This story was adapted from NewsTarget.
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