If tweets, shares and hashtags are any indication, then there’s no doubt that Democrat presidential candidate Bernie Sanders has managed to capture a huge chunk of 2016’s millennial voting block. Voters have lapped up Sanders’ promises of mandating high-paying jobs, rallying against overseas outsourcing and ending the Drug War. His solution: a renewed sense of socialism in America, and of course, wealth redistribution.

The problem, however, is that no matter how appealing Sanders’ proposals may sound, his ideas are flawed.

Taking money away from people who produce goods and services and redistributing money to those who intend to do nothing but spend it, can never create economic growth and prosperity. Real economic growth involves people taking risks and creating something productive. His idea of socialism will fail because it takes away the incentive for people to strive harder. Soon, they will realize that they don’t have to work as hard to get the same amount of stuff. What happens to our economy, then?

The real problem lies with the corporatocracy that rules America — those who influence legislation, fund campaigns and expect rewards in return. And unless and until Americans can surgically remove the corporate cancer slowly tearing up the country, no matter who we elect and what his or her platforms are, the state of the nation will remain the same, if not get even worse.

Source:

LFB.org