MCViewPoint

Opinion from a Libertarian ViewPoint

Posts Tagged ‘Bernie Sanders’

EconomicPolicyJournal.com: The Socialist Positions of Bernie Sanders Get Smashed

Posted by M. C. Fox on November 7, 2018

http://www.economicpolicyjournal.com/2018/11/the-socialist-positions-of-bernie.html

The below clip is from a pre-election debate between Senator Bernie Sanders and his then challenger  Republican Lawrence Zupan.

I never heard Zupan before but he is good here.

It’s is too bad, though that Bernie is not willing to debate his former high school classmate Walter Block, that would be a debate.

RW

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Bernie Sanders Might Learn Something from Venezuela’s Minimum Wage Experiment | Mises Wire

Posted by M. C. Fox on September 26, 2018

Socialism isn’t like the free market which progresses peacefully. Socialism requires a bureaucratic boot on the neck of business.

https://mises.org/wire/bernie-sanders-might-learn-something-venezuelas-minimum-wage-experiment

There are labor shortages all over the country. There are not enough truck drivers, plumbers, food waitresses, construction workers, and so on. The official unemployment rate is below 4 percent. It was just reported private sector wages popped 2.9 percent.

However, Bernie Sanders and other “progressive” candidates are endorsing the idea of a federal living wage. On his website, Bernie starts with,

Millions of Americans are working for totally inadequate wages. We must ensure that no full-time worker lives in poverty. The current federal minimum wage is starvation pay and must become a living wage. We must increase it to $15 an hour over the next several years.

His latest big idea is to

tax companies with 500 or more employees an amount equal to federal benefits received by their low-wage workers. The bill is designed to discourage large companies from paying their workers so little that they end up relying on federal benefits, such as food stamps, to make ends meet.

If Bernie were paying attention, there is a minimum wage experiment going on in real time in Venezuela right now. Sure, there’s some serious money printing going on there and plenty of socialist schemes to keep the shelves empty. However, the fact there’s nothing to buy hasn’t kept Venezuelan president Maduro from hiking that country’s minimum wage 24 times since 2013 when he took office.

The latest hike went into effect on September 17, and it was huuuge — 3,000 percent. Fabiola Zerpa writes forBloomberg,

7 million employees are guaranteed 1,800 bolivars a month — worth about $20 at the black-market rate. President Nicolas Maduro intended the mandate as political boost, but it’s having the opposite effect as companies, already hit by Venezuela’s epic economic contraction, tell workers they can’t afford to keep them.

No one should be stunned if employees are told to go home if the government by way of brute force increases pay by 30 times. Read the rest of this entry »

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Imagine Being Personally Targeted by a Senator’s Law | The Daily Bell

Posted by M. C. Fox on September 17, 2018

So looks like robots are the next best option. Better invest heavily in automation, since you will be punished for providing jobs to poor people.

It really just boggles the mind. Amazon offers a job in exchange for work. If both sides agree, why should Amazon suddenly be forced to pay more?

https://www.thedailybell.com/all-articles/news-analysis/imagine-being-personally-targeted-by-a-senators-law/

By Joe Jarvis

I don’t need to tell you how powerful the United States government is.

So imagine if you saw a piece of legislation with your name on it.

And I’m not talking about that kind of law named after a victim, or in your honor.

I mean opening up the news and seeing that the Stop Joe Jarvis Act was introduced in Congress?

That sounds like the largest government on earth personally threatening an innocent person.

And that is exactly what Senator Bernie Sanders did last week. Read the rest of this entry »

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Here’s The Criticism Jeff Bezos and Amazon Actually Deserve… | The Daily Bell

Posted by M. C. Fox on September 17, 2018

https://www.thedailybell.com/all-articles/news-analysis/heres-the-criticism-jeff-bezos-and-amazon-actually-deserve/

By Joe Jarvis

People like Bernie Sanders attack the rich for being successful.

Yesterday we talked about legislation Bernie Sanders introduced last week. Called the Stop BEZOS Act, it specifically targeted Jeff Bezos, the founder, and CEO of Amazon, and richest person in the world.

If it passes, the legislation will tax large corporations 100% of the dollar value of any welfare any of their employees get from the federal government. It is basically a disincentive to hire poor people. Plus it nudges companies to automate with robots to avoid liability and other costs of human workers.

Jeff Bezos should not be criticized for being successful, making a lot of money, and providing half a million jobs of all skill levels.

But the endless anti-free-market whining of Democratic Socialists drowns out the valid criticism of Jeff Bezos.

I agree with portions of a letter sent to Jeff Bezos on behalf of 100 of his employees. Read the rest of this entry »

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EconomicPolicyJournal.com: “The New York Times” Publishes a Genius

Posted by M. C. Fox on September 1, 2018

So how do things get made and services performed if everyone sits back waiting for their free stuff?

Please explain. Oh yeah, taxes from people waiting for free stuff!?!?

Taxes are the penalty you pay for being productive and contributing to society.

http://www.economicpolicyjournal.com/2018/08/the-new-york-times-publishes-genius.html

RW

“The New York Times” Publishes a Genius

The New York Times features an op-ed today by Corey Robin, a professor of political science at Brooklyn College and the City University of New York Graduate Center.

Under the title, The New Socialists: Why the pitch from Alexandria Ocasio-Cortez and Bernie Sanders resonates in 2018, he concludes his essay with this gem:

The socialist, by contrast, believes that making things free makes people free.

Oh yeah, who needs to understand supply and demand and that we live in a world of scarcity, just declare everything free for everybody.

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Gillum Wants 40% Corporate Tax Rate Hike

Posted by M. C. Fox on August 29, 2018

Those free stuff crazy millennial socialists! I hope he does it. Maybe it will make Pennsylvania start to look good.

Corporations don’t pay taxes, they collect them.

Taxes = cost of doing business. Either the price goes up/sales goes down, dividends are less, employees are not hired/laid off or all the above.

Everyone loses. Where do these clowns think the money will come from?

“The problem with socialism is that you eventually run out of other people’s money.”

Margaret Thatcher
― Margaret Thatcher

https://www.atr.org/gillum-wants-40-corporate-tax-rate-hike

Posted by ATR

–Gillum tax hike would give Florida the highest corporate tax in the region–

Bernie Sanders-backed candidate Andrew Gillum has won the Democrat nomination for the governorship of Florida. Taxpayers beware: Gillum wants to impose a massive tax increase on Floridians, starting with a corporate tax rate hike of over 40 percent.

As reported by the Tampa Bay Times:

Gillum said if elected, he would increase Florida’s corporate tax rate to 7.75 percent, up from the current 5.5 percent.

That’s a 40.9% increase — a tax hike of over a billion dollars. Read the rest of this entry »

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EconomicPolicyJournal.com: The Truth About Denmark and Socialism: What Bernie Sanders Doesn’t Understand About the Country

Posted by M. C. Fox on August 17, 2018

So, Denmark first became rich, and then introduced the government programs that make up the welfare state. The huge increase in government spending has been accompanied by deep structural problems, which has made it necessary to reform the Danish economy and welfare state. It can hardly be claimed that introducing the welfare state made Denmark rich; rather it was the other way around. Denmark first became rich, and then the authorities began to redistribute some of the wealth

It’s that”redistribution thing“. $tealing from you to give to someone who (the government thinks) deserves it more..

http://www.economicpolicyjournal.com/2018/08/the-truth-about-denmark-and-socialism.html

By Otto Brøns-Petersen

…The first thing to recognize is that Denmark, like the other Nordic countries, has quite a free-market economy, apart from its welfare state transfers and high government consumption. The Nordic countries tend to get rather high rankings on global measures of economic freedom. Denmark is thus number 22 on the Fraser Institute’s Economic Freedom of the World (EFW) index and number 11 on the index published by the Heritage Foundation.1 Denmark ranks at number 3 on the World Bank’s Doing Business report, which assesses the ease of doing business around the world.2 Read the rest of this entry »

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Sanders: I’m Declining Dem Nomination and Running as an Independent

Posted by M. C. Fox on August 15, 2018

Good for the Republicans…until Bernie is told decides to change his mind.

https://www.breitbart.com/video/2018/08/14/sanders-im-declining-dem-nomination-and-running-as-an-independent/

by Ian Hanchett

On Tuesday’s broadcast of MSNBC’s “All In,” Senator Bernie Sanders (I-VT) stated that, despite winning the Democratic primary, he will run for re-election in 2018 as an Independent…

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Capitalism vs. Socialism – LewRockwell

Posted by M. C. Fox on May 30, 2018

Think Sean Penn Venezuela

https://www.lewrockwell.com/2018/05/walter-e-williams/capitalism-vs-socialism/

Several recent polls, plus the popularity of Sen. Bernie Sanders, demonstrate that young people prefer socialism to free market capitalism. That, I believe, is a result of their ignorance and indoctrination during their school years, from kindergarten through college. For the most part, neither they nor many of their teachers and professors know what free market capitalism is…

Tragically, two-thirds to three-quarters of the federal budget can be described as Congress taking the rightful earnings of one American to give to another American — using one American to serve another. Such acts include farm subsidies, business bailouts, Social Security, Medicare, Medicaid, food stamps, welfare and many other programs. Read the rest of this entry »

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EconomicPolicyJournal.com: The Washington Post Smashes the Bernie Sanders’ Jobs For Everyone Guarantee Proposal

Posted by M. C. Fox on May 10, 2018

But overall it is good to see the general strong objection to the notion to the paper that serves the rulers in the belly of the national beast

http://www.economicpolicyjournal.com/2018/05/the-washington-post-smashes-bernie.html?m=1

How nutty is the Bernie Sanders proposal to guarantee everyone in America a job?

So nutty that the economic columnist for the interventionist supporting Washington Post, Robert J. Samuelson, is attacking the idea.

Samuelson writes: Read the rest of this entry »

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