Has United States Been Socialist For A Long Time? Podcast 625

We hear a lot of words used to describe various political factions in the US. Most will say the US economic system is capitalist but is this just an illusion? Are we socialist? Have we been socialist for a long time? It seems to me, we have. In Has United States Been Socialist For A Long Time? Podcast 625.

Socialism Is Everywhere

Just because a country’s economic system is socialist, does not mean it’s a tyranny. Denmark and Canada aren’t dictatorships. Singapore is a Socialist Market Economy. Places where ‘the people’ own or control the means of production. Most socialist countries these days enjoy democratic political systems.

Government and Non Profits Dominate State Economies

Americans think of themselves as capitalists. The thing is, the top three employers in my state are public institutions. Americans depend on social security, medicare, or medicaid ‘entitlements’. Home buyers get tax subsidies. We enjoy many tax deferred investment options. Farmers get subsidies. Public workers get pensions. All kinds of grants for education exist. Then there are the business subsidies and government contracts. Some popular business personalities receive billions in subsidies from the government. We’ll talk about it in Has United States Been Socialist For A Long Time? Podcast 625.

Both Parties Support Socialism

Democrats complain about light rail projects running through their backyards, but support government programs because ‘It’s the right thing to do’. Republicans complain about big government unless it’s the military, support for their businesses, home mortgage tax credit, social security and 401K programs.

The Right Thing To Do

It’s true that many of these programs date back to the depression in the 1930’s. Also true that creation of these programs came with the best intentions. Whether we like it or not, government is deeply involved in our lives. Of course, what the government giveth, the government takeaway. We’ll talk about it in Has United States Been Socialist For A Long Time? Podcast 625.

Classic Liberalism Is Forgotten

Republicans and Democrats argue the same side of the coin. Both are collectivists. Neither adhere to Classic Liberalism, a philosophy of limited government with the sole purpose of securing a maximum amount of individual liberty, property rights and free markets. While no political scientist would argue the US is Socialist maybe we should consider the possibility we are and have been for some time.

Sponsored by Ryan Plumbing and Heating of Saint Paul and X Government Cars

Has United States Been Socialist For A Long Time? Podcast 625

 

 

 

 

 

 

Podcast 613-Rising Tide? Trump’s Minimal Economic Impact

We’re Growing Again Right?

Trump ballyhoos new numbers. Seems like the new president is turning our economy around. A rising tide? What does an improving economy look like? Are there actions that cause real economic growth? Do you think new leaders are taking those actions?

Republicans Know How To Fix The Economy Right?

Deregulation. Tax cuts and reform. Infrastructure construction. Campaign Pledges were made. Pledges spurred optimism. Furthermore promises can be kept because republicans are in charge and republicans understand business. So the story goes.

Trump Has Already Started Making Things Better Right?

Trump claims credit for the new numbers. Can a new president have an economic impact after less than 90 days?

What’s Better?

How do you define economic success for the United States? Better job? More money? Saving a job? Getting a loan for business or housing? Seeing your 401K account fatten because of stock performance? Cheaper gas? GDP? Productivity? Improved employment? Interest Rates? Jobs coming back to America? Consequently how do you know when it’s working?

What Has Been Done?

Because of the new numbers coverage exploded. However, what have Trump and the new Congress actually done? Executive orders on regulation. Business and the environment. Pipelines. Budget cuts. Trade and the budget. In conclusion, is there an impact on the economy overall?

How Do You Know?

Who are the people that put these reports together and what methodology do they use? How do economists and traders judge these numbers? Seems like people accept them at face value. Should you place confidence in these reports?

What Actually Works?

Are there specific actions that can be taken to grow our economy? If business and economic philosophy is important, what do our leaders believe? Do you think there is a standard approach to economics and government in Washington? More importantly, we know ideas counter to the current approach exist. Will the new congress and president embrace them?

Back To The ’50’s

Let’s face it. We have a sclerotic, 1950’s style government. People are developing and using new technological tools developed for the 21st Century. Moving fast toward building a new world. Block Chain Currencies. Improved Communication tools. Robotic manufacturing. Higher productivity. Government might be out of step with those developments.

Sponsored by Ryan Plumbing and Heating of Saint Paul.

 

Podcast 558-Pipeline Protest

Podcast 558-Pipeline Protest. Back road tripping across the Northwestern United States. First stop is The Dakota Access Pipeline protest at Standing Rock. A few miles north of Cannonball, North Dakota, about thirty miles south of Bismarck, North Dakota. DAPL – as it is known – is an explosive issue for the Standing Rock Tribe of Native Americans in this region, but pipelines have huge implications for the rest of the United States. As some celebrate the newfound energy independence US Oil Exploration brings, it also brings problems. The biggest is the issue of how to transport the oil out of the state of North Dakota which cannot refine the crude pulled out of the Bakken Reserve. For now, oil is transported on trucks and trains, which may be more unsafe when it comes to accidents and spills than pipelines. At issue is whether the pipeline will rupture, sooner or later, and contaminate ground water. The people at the Standing Rock Protest say yes. The oil companies say no. It’s very hard to get a clear idea of who’s right and wrong. Myron Dewey joins Podcast 558-Pipeline Protest from the protest, which he does not call a protest (as you’ll hear), and for balance an oil company employee and lifetime North Dakotan Eric Nelson joins the podcast not as a spokesperson for the company he works for, but as a concerned citizen. Also check out Standing Rock Fact Checker, and this from Inforum, on Doug Burgham, one of the Republican Gubernatorial candidates in North Dakota. The Standing Rock pipeline protest (sorry Myron but that’s what everyone’s calling it) has certainly focused worldwide attention on the issue. I’m going to take you inside the protest, which is in itself educational. Whenever I cover public events, I am rolling the minute I get there. This time I caught some interesting and educational audio. (Editor’s Note: You might have to strain a little to hear some of what went down, so use headphones. I will be worth it.) Like many local issues, it is filled with emotion and an ocean of ‘facts’ designed to persuade the listener to come to the ‘right’ conclusion. What do you think? Sponsored by Brush Studio in the West End, Saint Louis Park.