Mark Dice is at it again. He’s on the streets of San Diego, asking people to sign a petition in support of President Obama’s plan to secure his legacy by liberating the people of North Korea by launching a nuclear strike at the heart of North Korea.
It is refreshing to see that there are a few sane people in San Diego who refuse to sign the petition. For the most part, the Obama cultists sign it in order to support their Dear Leader.
But no amount of adjustment can obscure how bad the recovery has been for most American families. By many measures, 2014 was the strongest year of the recovery so far; the economy added nearly 3 million jobs, the most since 1999. Yet incomes were stagnant across virtually all groups: young and old, married and single, rich and poor.2 Virtually the only group to see a statistically significant gain in income was immigrants, whose median household income rose 4 percent to just under $50,000. Native-born households saw their income decline 2 percent to just under $55,000.
The recovery has utterly failed to lift the fortunes of the poorest Americans. The official poverty rate was 14.8 percent in 2014, nearly unchanged since the immediate aftermath of the recession, and far above the prerecession level. Some 15 million children and 5 million seniors are living in poverty.
The third part of a Bernie Sanders speech is pure socialist class warfare, income redistribution rhetoric. Nonsense which the useful idiots who support him swallow whole because they have no understanding of economics, and are either ignorant of or willfully ignore history.
Bernie is remarkably light on details on just how he is going to pay for his vision of a socialist workers paradise. The math isn’t hard. The Wall Street Journal put the price tag at $18 trillion, which is the current federal debt. Bernie denied the WSJ numbers, but refused to present any of his own. That is because he doesn’t have any plans based in reality. Socialism has failed each and every time it has been tried. It has resulted in economic collapse or has had to kill off large chunks of the population. Usually both. Socialist countries killed over a 100 million of their own citizens in the 20th Century. Remind any useful idiot who babbles about “feel the Bern” of this fact. Odds are it won’t make any difference. They will probably either ignore or deny it.