Methodology > Relevance = White House warns: Socialism is coming!
While in previous mandates, the economic advisers of the US president dealt with more epochal issues, this set (wannabe third-class) of economic advisors, devoted their time and attention to the dangers of socialism. However, socialism is defined as:
"single-payer systems, high tax rates (‘from each according to his ability’), and public policies that hand out much of the Nation’s goods and services ‘free’ of charge (‘to each according to his needs’."
Link: CEA Report
So, for Trump's conservative economists, the European model of universal health insurance, higher taxes and free education, such as, for example, advocated by Sanders, Warren and other progressive democrats ... is definitely socialism. Well, at the same time, Trump's economic advisors immediately go into a traditional black and white manipulation. The upper postulates of socialism are attributed to the Maoist and Venezuelan type of socialism, while the Scandinavian ("Nordic") model proposed by Sanders, Warren and other progressive democrats is defined as "differently from what economists have in mind when they think of socialism." They also say that the Nordic model is even inferior to the American (the Nordic standard of living is 15% lower than the American one) and calculate that, in the case of Nordic policies, American families should pay more than $ 2 to $ 5 thousand more taxes taking into account transfers). However, they do not say, of course, that this "price" for the Scandinavians already covers the costs of health insurance, pension insurance, university registration fees, etc., which the Americans must naturally cover themselves from their net wages.
Enjoy reading this bizarre "analysis". If this is the intellectual reach of Trump's advisers, then Americans can really be afraid of their future. It is true, however, that fear of socialism is extremely effective in the traditional Republican electoral bases: in the wealthy white elite and in the paved and desperate rednecks of the community. And this bizarre pamphlet of Trump's economic advisers should be taken as a pre-election program of the Republican party, which will supply the intellectual surplus of Republican candidates at local pre-election chambers.
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Norway nationalized their oil, now they have < $1 trillion in their wealth fund, and no net debt.
That's what I'm talking about. But today's politics is totally managed by bigger banks. So it's hard to tell to your friends how it really is, if major banks are paying to almost all commercial media to spread the lies. I see, people still believe to TV news and newspaper....
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