THE OPPORTUNITY COSTS OF SOCIALISM

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Power Line
Steven Hayward
Oct. 23, 2018

With socialism becoming the new fad for Democrats, good to see the Trump White House getting out ahead of it. Today the Council of Economic Advisers released a 72-page report entitled “The Opportunity Costs of Socialism” that clearly and succinctly lays out a powerful case against all of the leading Democratic nostrums that are likely to be the heart of the Democrats’ 2020 platform.

Here’s a bit of the executive summary:

Coincident with the 200th anniversary of Karl Marx’s birth, socialism is making a comeback in American political discourse. Detailed policy proposals from self-declared socialists are gaining support in Congress and among much of the electorate. . .

More... https://www.powerlineblog.com/archives/2018/10/the-opportunity-costs-of-socialism.php

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The full report is linked and can be downloaded.