Many Americans desperately want to believe there’s some painless way out of the nation’s financial and economic mess. The latest snake oil: socialism. From Bill Bonner at internationalman.com:
A big, new danger appeared in Congress this month: Alexandria Ocasio-Cortez, the newest representative of New York’s 14th district.
At 29, she is the youngest woman ever elected to Congress; she will doubtless be there for decades to come.
Eighteen months ago, she was working as a waitress. Then, even though her opponent outspent her 15-to-1, she won the race to sit in the House of Representatives.
Ms. Ocasio-Cortez has a pleasant look about her. We’d probably like her if we met her. But she is clearly a danger to herself, her constituents, and to the nation.
When the mainstream flim-flam financial policies fail, people look for scapegoats and solutions on the edges.
Now, they turn their sore eyes to New York’s 14th district, where Ms. Ocasio-Cortez has been elected to Congress. The product of the Puerto Rican Enlightenment, she believes there is no problem that a government program can’t solve.
Got healthcare issues? She would offer Medicare for All.
Need a job? She proposes a Job Guarantee.
Want to go to college? Get ready for Tuition-free College.
Worried about global warming? How about a large-scale “green infrastructure” program?
Wait a minute… You’re probably wondering, how can we afford all these things?