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Ocasio-Kortez: Looking Backwards

John Rowland

Posted on February 26, 2019 15:51

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Someone asked if the post-1917 Russian people were better off under the Bolsheviks than under the Czar. He was told that it wouldn't have been possible to ask the opinion of some 60 million Russians . . . because they were dead. Humanity needs to (hopefully) move forward.

The legacy of recent authoritarians: hundreds of millions dead.

We've seen Bolshevik communism, Mao's Great Leap Forward, Mussolini's economic fascism, and Pol Pot's agrarian "reforms." Hundreds of millions ultimately perished from the ideas surrounding these murderous communist/socialist/fascist regimes -- with much help from central bank monopolies.

Awhile back, Alexandria Ocasio-Cortez presented her Green New Deal along with its empowerment of authoritarian forces. It's easy to criticize any proposal; big ideas should be given a fair hearing. But modeling a grand plan on demonstrated failures may not be the way to go.

AOC's call for a “Ten-Year Plan” is very creepy as it is reminiscent of the old Soviet “Five-Year Plans.” Does Komrade Kortez not realize that the New Deal exacerbated and prolonged the Great Depression?

The US unemployment rate was 3.2% in 1929, on its way to 24.9% in 1933. Five years into the New Deal (1938), the rate was still 19%; the 1940 rate was 14.6%. The Depression ended after the war. The federal budget was cut by two-thirds between 1945-1948. Private-sector growth in 1946 was 30%; "no other year has ever come close."

But AOC's plan is a central planner's dream: a 15-member government body will conceitedly centrally plan most of the US economy -- better than millions of informed market producers/consumers could. It goes on to advocate "government rebuilding of the entire infrastructure of the U.S."; basically a wholesale laundry list of various socialist/fascist government incursions involving the forced redirection of market capital, along with mandated wages, benefits and racial spoils.

Komrade Kortez' redistribution scheme summarily throws the petro-dollar under the bus. What does she think we've been living off of for the last 45+ years?

Explicitly fascist in her call for "government to take an equity role in projects," AOC may be suffering from Stockholm Syndrome as she calls on the Federal Reserve to "extend credit to power these projects and investments."

Uhh, AOC, there is no tooth fairy for the 99% of us; as the sugar daddy of the 1%, the Fed is a big part of our current problem.

For those who have forgotten the past, who believe that history's horrors are a mere "trick", that AOC is AOK, the effective endorsement of hundreds of millions of lost fellow humans, is dangerous to us all.

AOC's latest crude comments, "we're in charge" and "I'm the boss" show a tyrannical urge rearing its head.

AOC = OCD.

Again, it's easy to criticize; big ideas are wonderful, provided they involve free and open markets with honest price discovery. This would be truly revolutionary.

People may even desire some of AOC's utopian outcomes -- great. Let's get there by allowing investors, producers and consumers to make the tactical decisions based on profit incentives in a market free of economic distortions caused by any central planning politburo.

Doubling-down on the poison of the past is not the way to go; decentralization and freedom are.

John Rowland

Posted on February 26, 2019 15:51

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