He's a little too old for a position as demanding as the Presidency. We have out time on the stage and I'm afraid Bernie's time is about up.
You don't like any of those Democrats? Don't tell me that you're a Mayor Pete guy, or worse, a BETO guy!
Correct. Also why a lot of traditional labour voters now side with Johnson and the conservatives in the UK.
I'd like to see Bernie drop out of politics and go enjoy the rest of his life.. he is going nowhere in politics. He has done his service now he should go prioritize his family and friends.
Ponzi Scheme: "A Ponzi scheme is a fraudulent investing scam promising high rates of return with little risk to investors. The Ponzi scheme generates returns for early investors by acquiring new investors. This is similar to a pyramid scheme in that both are based on using new investors' funds to pay the earlier backers. Both Ponzi schemes and pyramid schemes eventually bottom out when the flood of new investors dries up and there isn't enough money to go around. At that point, the schemes unravel." https://www.investopedia.com/terms/p/ponzischeme.asp
Why yes, I always take bombastic statements from people who provide no facts to back up their claims very seriously. [And by "people" I mean you]
You keep reposting that section like you think it means something significant. Or maybe you want me to explain what it means? I'll be happy to help with the big words.
Socialism is collectivized production. I submit socialized production is necessary when we dare not put production in private hands--police and the military, for example. Government regulatory services is another area where we may choose to collectivize production. Otherwise, we can benefit by doing most production privately.
You attributed the low unemployment to Trump's impact on the economy. What has Trump done to impact the unemployment rate that Obama did not? Did Obama do something Trump has not? Can you explain why we have had a steady drop in the unemployment rate for ten years? Could we have employed more of the unemployed more quickly? Are Trump's policies the right ones? Is he doing enough to regulate corporations?
As with everything, socialism in moderation, like democracy, can be a good thing. But as has been pointed out, full-on democracy is two wolves and a sheep deciding what to have for lunch. And full-on socialism is the well-connected living a comfortable life while the masses starve and the economy grinds to a halt.
Yeah, Obama became president after Democrats won control of the Senate and House in 2006, giving Democrats control of the purse strings for 2 years. and the results were catastrophic: America is a country that wants to work. Even Democrats running the place into the ground can only do so much damage. You notice that, despite predictions from Nobel-prize winning economists, Trump didn't cause the economy to tank like the Dems did in 2008, he's made it even stronger.
Because raising the voting age to 32, America could end up having only one party rule and look what happened to California that has one party rule. It has become a totalitarian state and America's first third world state.
Now democracy is bad. Egads. Society should use collectivized production when it protects our democratic republic. Income inequality in economies largely collectivized is a product of how those societies operate. There's nothing in how a collectivized economy works that says a ruling elite should have outsized incomes. But they do because they control the government--a government that must be very powerful because it is suppressing private enterprise.
It's such a sad sad thing that you don't understand. I blame the outcome-based education system. See this is what we call an "analogy" (a-nal-o-gy). Socialism is like a Ponzi scheme in this way: Socialism promises that everybody will have pleasant, healthy long lives while working 20 hours a week (notice that I'm exaggerating the truth slightly to make a point). Everybody chips in and everybody cashes out. It's a no-risk deal. Socialism only works while there's money coming in. But because initiative and hard work pay as much as sloth and stupidity, people stop working hard and the economy crashes to a halt. So the only way it can continue is by finding new suckers--er, I mean, "contributors". Socialism rewards the politically connected with the promised pleasant, healthy long lives, much like the Inner Party members of Airstrip One in 1984. They get the luxuries denied to the rest of the population because, hey, the Inner Party works hard and deserves special treatment (irony alert!). As I said, eventually Socialists run out of other people's money and the final stage (often called "Venezuela") is reached followed quickly by total blackout.
Oh dear. Did you just try to misconstrue what I said right in front of everybody? Just say "I surrender" next time, it'll be less embarrassing. No, society should let people have private property, and keep the interference of government down to a minimum. That's how society prospers, and it's the only way to protect our democratic republic, to use the USA as an example. Collectivization takes away people's incentive to work hard, which results in Cuba, Venezuela, the USSR, etc. OK, it took more words than what I said, but you make a good point for not indulging in collectivization: human nature cannot be trusted.