Sunday, July 22, 2018

Capitalism vs. Socialism?

Ever hear of Democratic Socialism? Democrats are not about to support Socialism. Only a combination of capitalism and socialism works. Do you think privatization of Social Security (it's already self-funded, not part of the federal budget, and has a Trust Fund of $2.8 trillion in interest-bearing U.S. Treasury Bonds - those pesky paper IOUs) is feasible? How many people lost their retirements to the crash in 2008? I don't want my retirement subject to stock market crashes, thefts, bankruptcies, high admin fees and churning, and major benefit reductions (selling off pension obligations when taking over a company).

Do you like or want privatized prisons, privatized pollution prevention and clean-up, for-profit courts, privatized borders, for-profit schools without regulations or oversight but still with public funding, privatized police and fire protection, unregulated construction and unfunded infrastructure maintenance, for-profit roads and utilities, privatized coast guard and military, unchecked monopolies, unregulated insurance that is more like a coupon, and companies and hospitals and doctors operating with no regulations or requirements or oversight?

Do you really believe in pure capitalism such as that espoused by Trump and Ryan and McConnell? Are you that naive? BTW, how are those pay raises after the massive tax cuts? What, didn't you know workers are making less?

It's not capitalism vs. socialism or communism. It's capitalism plus socialism.