From our Bureau of Socialist Voodoo Economics with some assistance from our Bureau of Rare Uses of Fidel Castro Photographs
David Strom at Hot Air compares the economic proposals being made by Kamala Harris to the economic policies employed by communist totalitarian dictatorships. The post also makes a rare use of a photo from Castrogonia in an article that focuses on the U.S. rather than Cuba.
From Hot Air
Even the Media Isn’t Buying Kamalanomics, But the Democrats Are
If you thought Bidenomics have been a disaster, just wait until Kamala has her shot at destroying the American economy.
The Harris campaign has been on a tear lately, lying about the Trump/Vance ticket, pushing long debunked hoaxes along with a few new ones, stealing Trump and Vance policies that are popular, and pushing insane socialist policies that any sane person knows are discredited disasters waiting to happen.
It may be working. But will it continue to do so?
Both The New York Times and the Washington Post have taken shots at the obviously bad policy of price controls, with the Post actually blasting both barrels of the shotgun at her.
Anyone with a smidgeon of sense, training in economics, or even who lived through the 1970s knows that price controls are a disastrous policy that destroys economies, creates black markets, increases crimes, and if continued after obvious failure, leads to economies like the Soviet Union, Cuba, or Venezuela.
In a free market economy, supply and demand regulate prices naturally, and in socialist economies, artificially low prices lead to shortages, starvation, privation, and black markets where the wealthy get what they need and the poor starve. In Venezuela, where my wife’s uncles live, they almost starved to death before a Church group saved them.
Literally. They were on death’s door.
Democrats, though, are flocking to the idea as they do If nothing else, this shows that no how matter how bad an idea is you can get a large number of people to cheer you on.
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