Economics is just understanding how human nature interacts with wealth. There’s no way to change the LAW of supply and demand, because it’s not a man-made law. Supply and Demand is ultimately based on human survival and people will never act idealistically or logically when it comes to survival.
Why is economics survival? Because if you can’t get enough to eat you die.
The current wave of ignorant populist socialism is based on simplistic understandings of supply and demand and wealth creation, and all of their ideas have been tried and failed.
To name one, the “wealth tax.”
France waves discreet goodbye to 75 percent super-tax
Let’s face the fact that the FDR’s New Deal was nothing but a power and money grab by the government that had nothing to do with recovering from the Great Depression.
Let’s also fact the fact that the science behind man-made climate change is weaponized, politicized science that is paid for and promoted by billionaires who run foundations, corporations and control most governments.
The “New Green Deal” won’t just be paid for by the richest Americans, prices would dramatically go up for all Americans.
This is just another targeted weapon of mass economic destruction aimed at the middle classes.
Flaws With a “Green New Deal,” Part 1 of 2
BY ROBERT P. MURPHY
DECEMBER 20, 2018
There’s a growing buzz around a “Green New Deal,” spearheaded by newly-elected Alexandria Ocasio-Cortez. Although the details are in flux, currently the draft text calls for the creation of a 15-member “Select Committee for a Green New Deal” that would “have authority to develop a detailed national, industrial, economic mobilization plan” to make the U.S. economy “greenhouse gas emissions neutral.” As if that weren’t ambitious enough, the Select Committee’s detailed national plan would also have the goal “to promote economic and environmental justice and equality.” The draft specifically mentions spending $1 trillion over ten years, in addition to extensive taxes and regulations to steer the economy and society as the 15 committee members see fit. (To be clear, the draft text currently calls for the creation of the select committee, which in turn is then tasked with drafting legislation forming the “Green New Deal” itself.)
In this two-part series I will strongly critique both the spirit and substance of a proposed “Green New Deal.” In the second article, I will focus on the specific proposals in the draft legislation. But in this first piece I will give the historical context and explain why the very notion of a Green New Deal is misguided, because it relies on faulty history and bad economics.
Read More: https://www.instituteforenergyresearch.org/regulation/flaws-with-a-green-new-deal-part-1-of-2/
Just because our system of government and capitalism isn’t perfect, that doesn’t mean we should return to a feudal system, which is what centralized Socialism leads to.
There is going to be inequalities in any system, including America, but at least in we still take care of our people and even illegal residents.
OCASIO-CORTEZ IS RIGHT: NO AMERICAN SHOULD BE TOO POOR TO LIVE – AND THEY AREN’T
By Andrew Moran | Jul 5, 2018
Let’s look at what it’s really like to be poor in the Land of the Free:
- 80% have air conditioning.
- 94% have Internet access.
- 75% have an automobile – a third have two or more vehicles.
- Half of poor families have a video game system.
- 66% have cable television.
What about the basic essentials, like food and housing? That’s easy enough:
- 83% of poor households reported having enough to eat.
- 96% of underprivileged families reported their children were never hungry at any time.
- 42% of poor households own their homes.
Moreover, the average poor American has more living space than the average middle- or high-income person in the U.K., France, and Sweden. Also, consumption of vitamins and minerals is the same as the those in the wealthier brackets.
Should an American fall on hard times, they have access to a generous welfare system, paid for by the capitalist model. Despite claims that the U.S. allows the impecunious to perish on the streets or starve in their homes, the government has spent trillions of dollars over the last 50 years on entitlements, healthcare, and social-benefits programs that can easily surpass those of Scandinavian states.
The rectitude and efficacy of welfare can be debated, but the government gives citizens money to purchase unhealthy food and smartphones – and a basic income guarantee is all but inevitable. That’s how wealthy the U.S. is.
Read More: https://www.libertynation.com/ocasio-cortez-is-right-no-american-should-be-too-poor-to-live-and-they-arent/