Free market financial lessons from a socialist

Is it just me, or does that Alexandria Occasional-Cortex have those crazy eyes?

… in every photo (even the ones on the Clinton News Network (CNN) and MSNBC.

Stone. Cold. Nuts.

But, New Yorkers elected her so… have fun with that one folks…

Anywho, I was recently reading that she has proposed a federal minimum wage of $15, a federal jobs guarantee, she wants more socialism like they have in the UK, Finland, Norway, and Sweden —

Wait.

All three of those countries are abandoning socialism.

Sweden partially privatized its Social Security equivalent program in the 1990s. UK did the same thing… in the ‘50s.

Neither Norway nor Sweden have minimum wage laws and Finland’s minimum wage is over 80% lower than the U.S.’s

She wants to raise the corporate tax rate so the U.S. is just like these “socialist” countries, but… all of these countries have lower corporate rates than in the U.S.

But it’s OK that she doesn’t have her facts right. She says facts are important but… being morally right is more important.

And… I agree.

In my not-so-humble and unpopular opinion, lots of free market folks could use this as a learning moment.

Preach the morality of free market capitalism.

Of course, if free market folks see capitalism as a necessary evil, instead of a moral necessity, then the socialists will win.

After all, if socialism is the ideal (but fatally flawed in practice), then the moral high ground goes to the socialists.

People tend to do what they think is morally right (except sociopaths). So if socialism is morally right, but practically flawed, and facts are less important than morality, then… socialism wins.

And any facts that contradict that view will take a back seat.

Whelp, that’s all the sermoning I have in me for today.

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David Lewis

This post brought to you by //The Rogue Agent//. David has been a life insurance agent, and worked with some of the oldest and most respected mutual life insurance companies in the U.S., since 2004. Learn more about him and his business, here.

This post brought to you by //The Rogue Agent//. David has been a life insurance agent, and worked with some of the oldest and most respected mutual life insurance companies in the U.S., since 2004. Learn more about him and his business, here.