A Stern Vision of America

Yesterday, in a lengthy op-ed in the Wall Street Journal, Andy Stern laid out his vision of America's future in remarkably unambiguous, and chilling, terms.  That vision hinges on state planning and government control of a kind practically indistinguishable from that practiced in communist China.  The fact that Stern, former president of the Service Employees International Union (SEIU), holds such opinions is not really surprising.  But the fact that he has been and remains a close confidant of President Obama should sound warning bells. Stern makes it abundantly clear that in his view, the capitalist economic model that fostered American prosperity over the last two centuries is now obsolete.  The "free-market fundamentalist, shareholder-only model," as he calls it, "is being thrown onto the trash heap of history."  What has replaced it is the centrally planned economy, with its 5-year plans and state allocation of resources, as practiced in China and other...(Read Full Article)