The media's anti-capitalist New Year
In the year of Joe Biden, set to steal a fraudulently won presidency, the mainstream media are pushing another fraudulent "narrative," this one of America rejecting capitalism.
Both the New York Times and the Washington Post opened the new year with an appalling attack on free markets.
The page one headline from the Washington Post was this:
The stock market is ending 2020 at record highs, even as the virus surges and millions go hungry
Not to be outdone, the New York Times ran a front page explainer headlined with this:
The logic here is atrocious. Stocks rose because companies were developing new products and new services that people want to buy, and often showing months of double-digit profits. Vaccine, anyone? Why the hell shouldn't the companies that develop COVID vaccines in record time see some kind of stock market rise? Do we like and want vaccines? Or do vaccines just float in by themselves? Developments like these create votes of confidence from "the market," including those of fund managers who manage millions of little guys' 401(k)s.
Meanwhile, why are Americans poor and hungry? Don't pin it on stocks. The blame for that squarely falls on the shoulders of blue-state Democrat governors, enacting unreasonable and selective COVID-justified lockdowns to crush much of the private sector.
The sum picture here from these two headline points made is that the private sector creates, the government damages and destroys.
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Here is the thing about capitalism that the left does not get. In the Communist and Socialist system, the state has a monopoly on all the capital. It decides what products and services will receive investments. It is a very inefficient system and is the reason the Soviet Union fell behind the US under Reagan. It is the reason that Venezuela and Cuba are hellholes.
One of the lessons learned from the pandemic is that Democrat governors really suck at managing other people's businesses. They are killing jobs in blue states and as a result, people are losing jobs and going hungry. Imagine how much worse it would be if they in charge of grocery stores and package deliveries.
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