Imagine where it would be if we hadn't had a lost year thanks to Trump's trade war!
/——-/ No lost year year unless you’re an idiot investor.
I'm not sure what they were referring to either. The DOW and S&P both are showing much better one year gains than the Sanders Soviet Socialist (SSS) wing predicted. But then the SSS has never been characterized by honesty.
Their overall economic model is essentially the Democrats’ health-care model writ large: Destroy and discredit what’s there, and then . . . improvise.
Senator Sanders finds Constitution wanting. What good is the Bill of Rights, he asks, when one must struggle so hard for mere material existence?
“Are you truly free if you are forced to work 60 or 80 hours a week?”
And yet the median American work week is less than 35 hours a week, significantly lower than it was in 1980. What in fact distinguishes low-income households is not on average that they have too many hours of work to do but that they have too few: Only 40 percent of the working-age poor (those below the federal poverty line) in 2014 worked
at all. Among those who do work, many are involuntarily relegated to part-time or seasonal work. High-income households average more work hours, not fewer, than low-income households. The problem the poor face is not long hours at the salt mine but unemployment.
But what are a few more lies when there’s a utopia to be built?
Senator Sanders and Senator Elizabeth Warren may roll out 55 five-point policy proposals per hour, offering them with varying degrees of seriousness, but theirs is fundamentally a negative platform. What they hate and wish to liquidate is the system of markets, trade, law, regulation, and taxes for reasons that are as much tribal (they resent the social status conferred by wealth as least as much as the political power attending it), moral, and aesthetic as they are economic. Their policy proposals are almost always the same:
“Pillage the rich and create a lot of new public-sector jobs for me and my friends.”
Perhaps Senator Sanders should spend more time in contemplation and historical studies at his waterfront dacha.
The Democrats Are the Socialist Party Again | National Review