Finding "Inspiration" in Socialist Bernie Sanders Wannabees

Bernie Sanders is 76 years old. New progressives will have to carry the torch. I have some inspiration to share

An article in the Detroit Metro Times article mentions 27 candidates in support of "Medicare for All," a $15-per-hour minimum wage, free college tuition, universal pre-kindergarten, publicly-funded campaigns, and mandated paid sick leave.

Candidate Laurie Pohutsky says she is inspired.

I am inspired too, enough to write this.

Dear Bernie Sanders Wannabees,

Please pay attention.

There is no such things as a "free lunch, free education, or free health-care". The cost comes from somewhere.

It is precisely because of Fed policies and affordable housing programs that housing isn't affordable.

It is precisely because of insane public union contracts, student loan programs, and other government interference in the free market that the cost of education is high.

There's a guaranteed way to make education costs even higher, and that is to make education "free".

Here's a Bernie Sanders 2011 flashback.

The latest spreading idiocy, is universal basic income. ​

Dear wannabees, in case you did not yet get the message, there is no such thing as free money either.

There is a right to free speech, which Ironically most of you wannabees don't want. But when it comes to "free" goods and services, the countries that offer the most of them, like Venezuela with gas at a penny a gallon, end up like Venezuela where no gas, no food, and no medical care is available at all.

Venezuela is how "progressive" socialism inevitably ends.

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Mike "Mish" Shedlock

Comments (57)
No. 1-13
hmk
hmk

The math is a bit backwards. In countries with universal healthcare the per capita expenditure is about one half of that in the US. Here we spend about 19% of GDP on healthcare and the rest of the industrialized world about 9%. On top of that we rank 38th in health dead last of the industrialized countries. These are figures Buffet and Bezos quoted in their quest to launch a study project to bring down costs. I do think healthcare is a right. Families should not have to worry about being able to afford medical care for their children. We provide police, public education and defense, healthcare should be included. The Canadian system which is so often maligned by our ignorant corrupt politicians is well regarded despite some problems. They just voted the politician who enacted universal healthcare in CA as the most popular politician ever in the country.

AWC
AWC

The one equation these pie in the sky socialist dreamers always leave out of their sales pitch is, “Demand is unlimited, Supply is limited.” Now, once they figure out how to make doctors, nurses, and everyone else in the medical establishment work for free, well, then maybe their dream can come true.

TheWindowCleaner
TheWindowCleaner

The new pardigm of Direct Monetary Gifting is NOT socialism and in fact would enable us to immediately eliminate all socialist re-distributive transfer taxes including for social security, and as its discount/rebate policy is strategically implemented at the point of retail sale which is the terminal expression point for all forms of inflation would also pave the way to vastly reduce the "necessity" to limit inflation via business and individual income taxes. Let us have the true "ownership society" with the new paradigm and all of its benefits for business and the individual....instead of the onerously indebted society we have now.

Mike Mish Shedlock
Mike Mish Shedlock

Editor

You have a right to life, liberty, and the pursuit of happiness, freedom of speech, etc. Not happiness nor free money.

Bam_Man
Bam_Man

Whenever some nit-wit mentions that they are in favor of ‘Free education’, I ask them “Who is going to be willing to teach your courses for nothing?” I never seem to get a straight answer.

MntGoat
MntGoat

Bernie is another politician that really never had much of any job outside politics. Got into politics in the early 70's. Maybe bummed around a bit before that. Certainly never created any business, never had to make a payroll, or ever created any non gov’t job for anyone. Every penny he has ever made came out of the pocket of taxpayers and every bit of any fame he has is all from politics. Most of the Dem candidates these days seem to be either career politicians or career politicians/lawyers (Clintons, Obama, Biden). Lawyers don’t build or make anything, they look for loopholes in laws and there is way too many of them.

yooj
yooj

Trump will deliver a version of himself from the left. The reaction to Trump will be an angry, loud populist of the left. The demographics favor the left. Any acceptance of Trump and his populism, any acceptance whatsoever of him, or destroys the norms and values that protect us from the Sanders’ and Chavez’ of the world. Mish, reconsider your lesser of evils position. Trump never was the lesser of evils, especially relative to HRC but even as to Sanders.

Kinuachdrach
Kinuachdrach

It is a strange conundrum -- the Democrat Party has effectively controlled much of the country for decades through politics, the bureaucracy, academia, the media; and yet there is no bench strength in the Democrat Party. They have to rely on burned-out ancients like Hillary! and Bernie. There are no shining stars among the Democrat place-holders in the Senate, the House, or the Governorships.

One might have expected the party with an effective lock on power to have attracted able opportunists, at least. But that has not happened. Why?

killben
killben

As long as politicians can lie to get elected and people believe the lie (and have the votes that count), such schmucks will keep getting elected.

This is the classic problem everywhere. Guys who create the problem (with such promises) do not get punished. It is not as you sow so you reap. It is someone sows and you reap. The pain is inflicted on others who are not the particpants. Assume a number of prudent people understand that there is no free lunch and vote for a candidate who does not promise it. As long they are in the minority it does not count. The"free lunch" candidate wins.

I have always felt that having a constitutional bench (assuming they work for the citizens) that hears the promises made, how they are going to be fulfilled, what are the consequences etc. and then decides whether the promises can be fulfilled before the promises can be aired. As long as politicians can promise the moon without the consequences and have the votes to win (along with a central bankers at the ready with the printing to bail them out and screw prudent people, savers, retirees) we are doomed!

BBS
BBS

Why is Venezula the example used for progressive socialism? Don't most of the rest of the advanced democratic economies in the world (Europe, Japan, Australia, Canada) provide mostly free health care, daycare, college, sick and maternity leave? Obviously they have much higher taxes to pay for these services, but they are a long way from failed economies.

TheWindowCleaner
TheWindowCleaner

@BBS Correct. That's just this blogs orthodoxy filters in operation. Now having said that as I posted earlier on this thread the truly objective evaluation of democratic socialism is: Democratic Socialism A fatally flawed economic theory and not the basis upon which the new economic paradigm will rest….that presently is in most instances a superior system to live in if you are a human being.

OpenMindedDude
OpenMindedDude

How is it that the banking sector creates money all the time via mortgage lending (which funnels money unproductively into the real-estate sector), but many people can't countenance money creation for productive purposes like, say, ensuring adequate healthcare? Surely money created and used for productive purposes is "free" in that the productivity gains make sustainable the resulting increase to the money supply? I'll grant you that leaves the problem of figuring out what will be productive, but let's at least set the terms of the debate appropriately.

oudaveguy98
oudaveguy98

Venezuela? That socialist utopia where 15% or more of the population is eating rats and garbage just to survive? They are literally drowning in the world's most valuable commodity and still starving to death under a brutally oppressive regime promoting the ultimate failed economic model.....unreal that gullible people think socialism works given its perfect track record of failure, human rights violations, and impoverishment and suffering.