HuffPost Ridicules Fears of ‘Socialism,’ Says It’s ‘Good Now’

[rangerrebew]

HuffPost Ridicules Fears of ‘Socialism,’ Says It’s ‘Good Now’
By Julia A. Seymour | August 2, 2018 9:33 AM EDT

HuffPost says baby boomers panicked by the popularity of socialism, just need to “relax.”

Senior political economy reporter Zach Carter declared “Socialism is Good Now,” on HuffPost July 29. At the same time, actual socialism was collapsing in both Venezuela and Nicaragua.

That didn’t phase HuffPost. In order to make critics of socialism look crazy, Carter brought up Merwin K. Hart of the “Golden Age of American Paranoia” who warned throughout the 1940s and 1950s against the U.S. drifting into socialism.
Source URL: https://www.newsbusters.org/blogs/business/julia-seymour/2018/08/02/huffpost-ridicules-fears-socialism-says-its-good-now

[austingirl]

I wonder if they've read the platform of the socialist party?  I have and it's horrific.

[thackney]

Socialist Venezuela Falling Apart As President Maduro Shockingly Blames Party
https://www.forbes.com/sites/kenrapoza/2018/08/01/socialist-venezuela-falling-apart-president-maduro-shockingly-blames-party/#23a793342a01

News flash! Socialism in poor, closed-door economies is a failure. So says Nicolas Maduro, who happens to be the president of one: the biggest failed state in the Americas, poor ol’ Venezuela.

In a surprising twist on Monday, Maduro went against the Socialists United (PSUV) playbook of blaming Washington (especially the CIA) for Venezuela’s troubles.

“The production models we’ve tried so far have failed, and the responsibility is ours—mine and yours,” Maduro told the PSUV party congress.

Venezuela’s economy is a disaster. The country faces a massive brain drain, with middle-class people leaving in droves to Madrid and Miami. Lower-income Venezuelans are trekking across borders into Colombia and Brazil.

Inflation is off the charts, up thousands of percentage points over the last few years, and up hundreds of percent this year alone. The currency is useless. Some towns have taken to bartering.

Venezuelan GDP will contract by more than 10% again this year. For this oil-rich country, once the richest in South America, the reactionary socialist policies enacted under decades of PSUV rule have been completely ruinous. The fact that Maduro finally admits it is telling, and no small feat on his behalf. Maduro should be commended for it....

[LMAO]

 I predict Venezuela will do what Sweden did after their failed experiment with socialism

At some point in the future watch for Venezuela to start making cuts in government and enacting more free market reforms