Wednesday, July 16, 2008

Vote Democrat, Socialism works!

Okay, so I'm half kidding, but I had this idea early today and it got me to thinking....

I've been reading a good bit about China lately. National Geographic and Golf Digest have both recently done large pieces on China in their most recent issues. A few interesting pieces have come out of this and it got me thinking about America versus China.

China is a Socialist society. They are strongly regulated by Government and much like the Democrat ideals in the U.S. they have established a system in which their citizens are largely dependant on the Government in the way of Government programs and handouts, like Universal Healthcare.

It is estimated that China will surpass the U.S. in many respects in the next 10 or 15 years. In China the average annual income is somewhere around $2500/year or something similar, while in the U.S. my guess is that the average American income is roughly $40,000/year. America loses jobs to China daily. China's economy is booming and their job market is a hotbed for opportunity.

So....what's my point.......?

Well, as we learned in Economics school in theory Socialism is the best economic system. You see, people are greedy by nature. We always want more than we have and we are always looking for something better (Just look at the Commodoties market and the price of gas). In the U.S., a free society, that thrives on Capitalism, your dream is your dream and it's ultimately up to you to make it happen. If you work hard, you can provide yourself with a roof over your head, food on the table and hopefully a comfortable life. In China, you work in most cases for a fixed wage, the Government covers much of your standard day to day expenses; therefore, you can get by on maybe $200 a month. When you translate that to producing in the U.S. vs. China it's no wonder many companies are shutting down in the U.S. and moving their production over the China. Economically it makes sense and economically it's a great example of Capitalism vs. Socialism. Currently, it's interesting to see who's winning the fight.

While the Democrats will refute this until their blue in the face, everyone knows that Democrats are very much into Big Government. Further, with Obama being from Chicago he is no stranger to Socialist theory. He was a Law Professor at the University of Chicago, a school notorious for its strong Socialist leanings. Also, Chicago has long been known as the Socialist Capital of the U.S.. You see where I'm going with this? I'm not kidding when I say this, Socialism, from an economic standpoint is extremely efficient....much more so than Captialism. There is heavy regulation and wages are normally sustained and sufficient. Of course, the problem with Socialism (and Capitialism) is it is easy to fall victim to corruption. However, in a Socialist society you are not necessarily granted the freedom of speech to call out your Government when they extort money for special interest or their own wellbeing while you suffer.

Think about it....