A few weeks ago on this blog I lamented that ever since taking Congressional power in 1994, Republicans have been too smug AND too scared to talk to ordinary Americans about economic freedom and why we believe in it. Including how a free economy works, why it's so essential to our other freedoms, to our prosperity, and to a more moral, virtuous, peaceful society with more opportunities and fairness for even the poorest and most disadvantaged Americans.
Not surprisingly, the public, especially younger generations, have forgotten or have never heard what's wrong with government control of people's economic activities. ["Recent history shows Sanders Socialism is freedom's greatest challenge, greatest opportunity. Engage!"]
That is finally starting to change. In their fourth debate on Nov. 10, the eight leading (so to speak) candidates made daring, original, appealing and popularly understandable arguments against government's role in the economy. Several expanded in various ways on The Rev. Dr. Martin Luther King, Jr.'s complaint, quoted by Sen. Sanders in his Nov. 19 Democratic Socialism speech: "This country has socialism for the rich, and rugged individualism for the poor."
This article in the Examiner quotes just about all of the good stuff, except for Fiorina's brilliant observation:
“Socialism starts when government creates a problem, and then government steps in to solve the problem. Government created the problem of a real estate boom. How did we create it? Under Republicans and Democrats alike, Fannie Mae and Freddie Mac, everybody gathered together, Republicans and Democrats and said home ownership is part of the American dream, let’s create a bubble, and then government stepped in, Republicans and Democrats, and, by the way, under President George W. Bush, banks were told, encouraged, told really, to buy other banks, to take money. And now what do we have with Dodd-Frank? The classic with crony capitalism…. The big have gotten bigger… . This is how socialism starts, ladies and gentlemen."
[She didn't quite connect the dots well enough, for those who didn't already remember, on what the then-Democratic Congress pressured government-backed lenders to do which caused the "bubble" -- it was to make bad mortgage loans to people who didn't have enough collateral, nor enough income to responsibly take on the monthly payments, and who were borrowing all of the property's equity, as measured using inflated home values that later disappeared.]