Socialism can only make us all poorer

Socialism can only make us all poorer

As he usually does, Jonah Goldberg makes several worthy points in his most recent breezy G-File column, including some thoughts on socialism:

… "socialism" was an answer to what 19th-century intellectuals and religious leaders called "the social question." As traditional societies succumbed to the creative destruction of the market, people started asking, "How shall we live now?" Socialism was one such answer (National Socialism, another, very similar answer), but it was only partly and not even mostly, an economic answer. It was a cultural one.
Obama’s regulatory state
Barack Obama

Obama’s regulatory state

Glen A. Sproviero

As if Dodd-Frank hasn't inflicted enough damage on the economy through its stringent and unnecessary securities rules, the president and his regulatory cronies are at it again, but this time, your cable box is on the hit list.

"Competition is good for consumers," President Obama told Yahoo Finance's Nicole Sinclair in an interview on April 13. "And ultimately it's good for business. That's the way the free market works. The more competition we have, the more products, services, innovation takes place."

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