"Socialism sounds great.
It has always sounded great.
And it will probably always continue to sound great.
It is only when you go beyond rhetoric, and start looking at hard facts, that socialism turns out to be a big disappointment, if not a disaster.
While throngs of young people are cheering loudly for avowed socialist Bernie Sanders, socialism has turned oil-rich Venezuela into a place where there are shortages of everything from toilet paper to beer, where electricity keeps shutting down, and where there are long lines of people hoping to get food, people complaining that they cannot feed their families.
With national income going down, and prices going up under triple-digit inflation in Venezuela, these complaints are by no means frivolous.But it is doubtful if the young people cheering for Bernie Sanders have even heard of such things, whether in Venezuela or in other countries around the world that have turned their economies over to politicians and bureaucrats to run.
The anti-capitalist policies in Venezuela have worked so well that the number of companies in Venezuela is now a fraction of what it once was.
...Facts are seldom allowed to contaminate the beautiful vision of the left.
What matters to the true believers are the ringing slogans, endlessly repeated.
...None of this is rocket science.
But you do have to stop and think — and that is what too many of our schools and colleges are failing to teach their students to do."
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