Capitalism is more than an ‘intellectual argument’

Is the president crazy or simply ill-informed?

I pose the question in light of Barack Obama’s remarks to Argentina youth:

“So often in the past there has been a division between left and right, between capitalists and communists or socialists, and especially in the Americas, that’s been a big debate. Those are interesting intellectual arguments, but I think for your generation, you should be practical and just choose from what works. You don’t have to worry about whether it really fits into socialist theory or capitalist theory. You should just decide what works.”

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The death of data

Voters aren’t dumb. That was always Ronald Reagan’s belief.

Specifically, he believed that you knew how to spend your next ten bucks better than the government did.

In this election cycle, though, one can’t help but notice a lack of curiosity on the subjects of facts and data…

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Results of Democratic economic policies

Class warfare is the foundation of the Democrats’ economic philosophy.

The poor are virtuous and deserve to have money redistributed to them from their oppressors, the rich.

By the same token, the rich are greedy and have achieved their lucre on the backs of the downtrodden poor whom they have exploited…

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Socialism fails once again

The most famous ice cream store in the world, Coromoto, has closed their doors. They hold the Guinness world record for most flavors: 863, including a beer-flavored ice cream. Why are they closed? Because there is a milk shortage in Venezuela where Coromoto is located…

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