Socialism, Obama, and America's FutureBy W.A. Beatty
Stanley Kurtz documented something we have all known: President Barack Hussein Obama is a socialist! Contrary to claims made in 2008 by Obama, his staff, and supporters, he was a member of the socialist New Party in Chicago.
Is Obama a socialist? Obama falls within the mainstream of contemporary socialism as represented by Germany's Social Democrats, the French Socialists, or Spain's socialist-workers party. By this criterion, yes! Obama is a socialist. He is clearly a socialist in the European sense of the term.
France has just elected François Hollande president. Hollande is a proud socialist. How are Obama's and Hollande's policies similar?
Obama's economic policies are almost identical to those of the French socialist François Hollande.
Socialism has failed wherever and whenever it has been tried. Much of the world realizes this. With socialists, it is always the people rather than the system that is the cause of failure. But socialists refuse to acknowledge that the laws of economics are not revocable and cannot be legislated, regardless of how hard they try to behave otherwise. As England's Lady Margaret Thatcher said, "The problem with socialism is that eventually, you run out of other people's money."
Socialists got a chance to implement their vision, and in the 20th century alone, they left a pile of corpses some 260 million bodies deep. The tragedies of socialism are even more horrible when you realize that some people understood, predicted, and warned that brutality is essential in a world where the means of production are owned by the state as socialism wants. In 1893, German libertarian Eugene Richter, in his book Pictures of the Socialistic Future, predicted with stunning accuracy how socialism, which promised prosperity and peace, would instead deliver poverty and warfare.
The two most visible socialist countries in the world are Cuba and North Korea. Both countries produce misery, poverty, and brutality, and they are two of the poorest countries in the world, held together only by totalitarian rule and external economic support.
Socialism advocates, recognizing that socialism has never worked, changed to a system that is part capitalism and part socialism. They believed that capitalism could be used for resource reallocation, while the caring nature of socialism could ensure equitable (to them) wealth redistribution. Their new efforts focus on income taxes.
With socialist Europe imploding, Scandinavia, the definition of socialism, is doing quite well. Denmark, Norway, and Sweden do not seem to have the debt problems that the U.S. has. Why? The answer can be found in the progressive, socialistic U.S. income tax code and its absence in Scandinavian countries.
In 2009, almost half of U.S. households paid no federal income taxes, while the top 10 percent of income earners paid about 73 percent of federal income taxes. The top 25 percent of U.S. income earners paid 86 percent of income tax collected. The bottom 50 percent of taxpayers paid less than 4 percent of federal income taxes collected.
Let's compare income tax percentages with Denmark, a Scandinavian country. In 2011, in Denmark, the richest 30 percent of income-earners paid 48.7 percent of all income taxes, while in the U.S., the richest 30 percent of income earners paid 65.3 percent of all income taxes. The poorest 30 percent of Denmark's income earners paid 14.1 percent of all income taxes, while in the U.S., the poorest 30 percent paid only 6.1 percent of income taxes.
In fact, the U.S.'s poorest 30 percent of income-earners paid only 43 percent of the portion of all income taxes paid by the poorest 30 percent of income-earners in Denmark. The richest 30 percent of income-earners in the U.S. paid 34 percent more of the total income tax burden than do the richest 30 percent in Denmark.
Income tax structures in Norway and Sweden are similar to Denmark's. Most Americans assume that Scandinavia is much more socialist than we are.
The U.S. has one of the most progressive income tax systems in the world. No Scandinavian country is as bad as the U.S. at making richer citizens pay higher income taxes. No Scandinavian country provides its poorer citizens the ability to avoid paying for government programs on which they have an equal vote, as is the case in the U.S. The U.S. is living the socialist dream: that those with the greatest income will carry those with less income. We are living by the socialist mantra that each shall pay (income taxes) according to his means. The government then uses the tax money to subsidize those who support them politically with votes.
And Obama is calling for the "rich" to pay more income taxes, to pay their fair share.
But now we are finding that many of the more able or willing to produce are having second thoughts about socialist principles. Most businesses are now in a "holding pattern," waiting for socialist fools such as Obama, Reid, and Pelosi to be removed from their respective positions in the 2012 elections.
The U.S. economy is very listless as a result of this holding pattern. Gross domestic product increased at a very slow 1.9 percent annual rate in the first quarter of 2012. We will not see any strong economic growth until after an Obama and socialism loss in the November 2012 elections.
And what of our future even if (when) Obama is defeated in November? Socialism never goes away, despite its poor track record. People willingly abandon both logic and history to flock to its false premises and promises. Art Carden, at the Ludwig von Mises Institute, said, "Socialists have generally tried to do two things: dethrone and kill God so that The People or The State might be exalted, and repeal the laws of economics."
It was Karl Marx who in 1843 said, "Religion is the opium of the people" in an attempt to dethrone God. Socialists also said that economic laws were peculiar and historically unique artifacts of the particular conditions of production under capitalism. Here are 26 Natural Laws of Economics that cannot be repealed, regardless of how many statutes socialists enact.
The U.S., once best hope of freedom and prosperity, has now fallen for socialism's message, and has started down its path to ruin. Freedom and prosperity have already been seriously compromised, with much worse to come if America's course is not soon reversed.
Dr. Beatty earned a Ph.D. in quantitative management and statistics from Florida State University. He was a (very conservative) professor of quantitative management specializing in using statistics to assist/support decision-making. He has been a consultant to many small businesses and is now retired. Dr. Beatty is a veteran who served in the U.S. Army for 22 years. He blogs at rwno.limewebs.com.
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