Carol Roth: Our government’s plan to make America socialist is working

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Several attempts have been made to steer the election between the two bills that cost Congress and make people more dependent on the government.

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As Congress considers trillions of dollars in additional spending, both the $1 trillion infrastructure bill that has already passed the Senate, as well as the $3.5 trillion social agenda plan that is being negotiated, such people There are those who are arguing about hold-ups and holdouts, as if it should be easy to spend trillions of dollars that are not yours. However, the size of the expense (which, of course, is fraught with accounting and timing trickery and actually represents even more dollars that will have taxpayers on the hook for one way or another), something more. What makes it more ambiguous is the continued expansion of the government.

Several attempts have been made between these two bills to take away the choices and make the people more dependent on the government as well as to increase crony interests.

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They want to expand the government’s access to education, something that has already made education in America more expensive with substandard results. They take us one step closer to Medicare-for-all by lowering the Medicare eligibility age and expanding benefits. They want to funnel more money toward green energy, ironically at a time when we have energy prices climbing, and energy rationing in some places around the world, due to this administration’s intervention in the market, in other large amid government efforts.

Over several decades, but very rapidly in the last two, America has moved away from a free market economy and toward one of central planning.

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Whether you call it socialism, democratic socialism or anything else, I won’t get bogged down in economics other than to say that instead of moving towards greater freedom, choice and transparency backed by the railings of property rights, we’re going to get bigger on behalf of the public. Under the guise of force, coercion, control and, usually, obscurity, subject to a small number of economic and other decision-making bureaucrats.

That in itself is scary; But what’s worse is that many Americans are falling for it. In a Granthshala News poll taken in February of 2020, 40% of participating Democrats said they had a favorable view of socialism; A high number, but still not a majority. A recent version of a poll conducted by Granthshala News recently showed that the numbers increased by a whopping 47.5% (or 19 percentage points); Now attended by 59% of registered Democratic voters who had a positive view of socialism!

One would think that central planners impose their will by classifying businesses and workers as “essential” versus “non-essential”, as well as flubs in handling COVID-19 during the now 570-ish days “in 15 days.” a continuous loop of”. To slow the spread” it will be clear how terrible central planners are at making decisions, let alone economic decisions.

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This apparent conclusion appears to be a giant neon blind spot for those who have grown used to the gifts of the government. Whether individual cash incentives, expanded unemployment “bonuses” or cash to cronies, which comprise a substantial portion of every funding bill since March 2020, including the $1.9 million “American Rescue Plan” passed in March 2021, Democrats are clearly focusing on government payments. In front of them and ignoring the full-scale transfer of money from Main Street to Wall Street, which is being enabled by a combination of government and Fed policies taking place in the background.

Central planners don’t know what they are doing in terms of economy, but they do know how to strengthen power and that is buying and selling for their plans.

Amidst the atrocities of creating increased inflation, disrupting the job market and supply chains, shutting down small businesses, and other financial and personal rights to savers and retirees, they have managed to convince a whole group of Americans that That the government would be conditioned to take care of them and to expect government financial aid to those individuals, completely unaware that the government is only limiting the economic future of them and their children.

With this buy-in, Democratic politicians feel like they have the mandate to continue down this path and many Republicans are enabling it—possibly given their lack of leg to stand on, as they only Appear to be financially conservative only when appropriate. their talking point.

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With this background, the Senate was able to pass the embarrassing infrastructure bill; Over $1 trillion in spending with very little going toward actual infrastructure. Now, the $3.5 trillion spending bonus is a complete socialist reform of the economy.

Senate Majority Leader Chuck Schumer, D.Y., has been transparent about the goals, saying, “The Democratic budget will bring about a generational change in how our economy works for average Americans.” For those in need of a secret decoder, it’s clear code for the economy by central planning mandates. How could this not have been expected from the budget committee headed by Bernie Sanders?

The World Economic Forum talks about an “opportunity” for an initiative they call “The Great Reset”. Their website states, “As we enter a unique window of opportunity to shape the recovery, this initiative is all about determining the future state of global relations, the direction of national economies, the priorities of societies, the nature of Will provide insights to help people inform business models and manage the global commons.”

There will be no greater opportunity for a change in the direction of the global economy than by America relinquishing economic freedom.

Before the COVID-19 government panic, the government was already spending about $8 trillion dollars at all levels of government.

It was subjecting us to thousands of laws and it was expanding its scope to more and more areas of our lives and economy.

Now, with the new spending structure, the government wants to expand its role as the middleman and fairy godmother.

If we were a hybrid economy before, these initiatives move us closer and closer to being socialist, and many voters view this favorably, not realizing the opportunities for wealth creation and the effects of economic freedom.

This is a government scheme and is working horribly.

Carol Roth is a former investment banker, entrepreneur and author of the new book “war on small business“Broadside Books (June 29, 2021) and New York Times bestseller “The Entrepreneur Equation.”


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