A recent poll stated that half of Californians have thought of leaving the state. Once the land of golden opportunity, California is losing its dynamism. The reason for that is that it is by far the most regulated state in the union and it has the highest tax rate among the states. Now two new laws, one trying to kill off the gig economy, the other statewide rent control, threaten the promise that once made California the land of opportunity.
There are lots of ways to kill off a civilization. Wars, politics, economic collapse. Rome did it. Could we do it? If we follow the Progressives and allow them to implement crackpot ideas like Modern Monetary Theory we could be on our way.
Progressive feminists and transgender advocates wish to control language and thus control people’s behavior. There is a movement to ban the gender pronouns “he” and “she” in an attempt by these groups to gain political power. New York City criminalizes behavior not conforming to new politically acceptable pronouns. It is an Orwellian attempt to curtail free speech for political ends.
In my Bernienomics article, I lamented the current fashionableness of socialism, formerly a subject that people would not discuss in polite company. I placed a lot of the blame on Democratic Socialist Senator Bernie Sanders and his rising popularity. I received several comments from readers which you may read along with my replies.
Current events have revealed that Ayn Rand’s novel Atlas Shrugged is not just fiction, but almost a prophesy. Elizabeth Warren’s Accountable Capitalism Act and the cronyism of Trump’s tariff policies are straight out of Rand’s novel. It won’t end well.
The danger of Bernienomics is that Bernie Sanders opened the door of respectability for socialism. In the past calling yourself a “socialist” was political suicide. His “democratic socialism” is not harmless. There is no place in the world where socialism, democratic or otherwise, has not created poverty and, ultimately, repression.