Capitalism “Irredeemable”?

CAL THOMAS COMMENTARY MARCH 12, 2019

         SHE’S AT IT AGAIN. EVERY DAY REPRESENTATIVE ALEXANDRIA OCASIO-CORTEZ SAYS SOMETHING NEGATIVE ABOUT AMERICA AND ITS ECONOMY.

         OVER THE WEEKEND AT A CONFERENCE IN AUSTIN, TEXAS, OCASIO- CORTEZ CALLED CAPITALISM “IRREDEEMABLE.” 

        THE SELF-DESCRIBED DEMOCRATIC SOCIALIST SAID CAPITALISM VALUES PROFIT OVER PEOPLE AND THE ENVIRONMENT.

WHAT SHE DOESN’T UNDERSTAND, OR DOESN’T WANT TO UNDERSTAND, IS THAT CAPITALISM LIFTS BOATS, WHILE SOCIALISM SINKS THEM. VENEZUELA IS ONLY ONE EXAMPLE. IF PROFITS ARE TAXED TOO MUCH, INCENTIVE IS KILLED. WHO WANTS TO WORK HARD ONLY TO TURN ONE’S EARNINGS OVER TO GOVERNMENT? HOW WELL HAS GOVERNMENT PERFORMED IN VIRTUALLY ANY CATEGORY?  CAPITALISM AND THE PROFITS THAT GO WITH OUR ECONOMIC SYSTEM PROVIDES JOBS, AND THOSE JOBS WAGES, AND THOSE WAGES TAXES. SOCIALISM DOES NONE OF THESE THINGS. 

A HARRIS POLL SHOWS HALF OF MILLENIALS AND GENERATION Z FAVOR A SOCIALIST STATE. THIS IS THE APPEAL OF DEMOCRAT LEFTISTS RUNNING FOR PRESIDENT. WE ARE JUST ONE ELECTION AWAY FROM LOSING AMERICA. I’M CAL THOMAS.

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