What Democrats Want, Day 11 Countdown to Oblivion, THE ECONOMY (Part 1)

As of today, there are 11 days until the most consequential election in American history. This is what they say about many past elections, but this is really it. For if the Democrats seize power – control of the U.S. House, the U.S. Senate and the Presidency – and doing it by hook or by crook (the justifies the means, you know) America as we know it will be forever changed. America envisioned and created by the Founding Fathers will disappear into the shadows of history.

The ungodly secular-humanists/Marxists slow march through America’s institutions over the last 100 years or so will have reached a crescendo – fulfilling Mr. Obama’s fundamental transformation of control of the masses.

Envision with me what a Socialist Democratic Party, takeover, a bloodless coup, a regime change, would look like. This is one in a series of daily articles leading up to the 2020 General Election.

THE Communist Chinese coronavirus put the brakes on a Trump-generated expanding and vibrant American economy. President Trumphad righted an Obama economy that was a sinking ship, putting it on the right course

More and more the Democratic Party, especially with the influence of socialist Senator Bernie Sanders on the Harris-Bidenpresidential ticket, is following a socialist economic model.

A Socialist Economy

According to an Investopedia.com article, “What Exactly is a Socialist Economy?”, socialists believe, in contrast to capitalism, that “the shared ownership of resources and central planning offer a more equitable distribution of goods and services… Socialism includes the collective ownership of the means of production, central planning of the economy, and the emphasis on equality and economic security with the goal of reducing class distinctions. Most modern nations don’t believe in toppling the current capitalistic order but rather instituting socialist practices.” 

The Obama Legacy

Lost Manufacturing Industry and Jobs

President Obamatold America to get used to the fact that the lost manufacturing jobs would never return to the States. It was to be a new normal.

Overregulation

President Obama, being a big government socialist, was fond of creating a slew of new regulations, forcing industry to bow to the government latest whim, environmental concerns, social engineering via the Lesbian, Homosexual, Bi-Sexual, Transgender (LHBT) agenda, etc.

Taxation

The big government socialist’s lifeline is taxes. Never mind that excessive taxes drive business and jobs out of the county, which it did during the eight years of the economy-killing Obama Administration.

The Democratic Party Platform on the Economy

According to a NewYorkTimes.com article, the section of the Democrat platform that addressed the economy “blends and borrows ideas from across the Democratic Party’s ideological spectrum. There are echoes of Mr. Sanders (“The U.S. economy is rigged against the American people”) and wonky subsections that address “Curbing Wall Street Abuses” and “Tackling Runaway Corporate Concentration” — issues highlighted repeatedly by Senator Elizabeth Warren of Massachusetts.

Raising the Minimum Wage

“Overall, there are few surprises here. Democrats, for instance, support raising the minimum wage to $15 an hour by 2026, a policy already widely backed across the party. They want to invest in infrastructure, including high-speed rail.

Encourage Homeownership

“Democrats also support aggressive steps to encourage homeownership by increasing affordable housing and by giving a $15,000 tax credit to first-time home buyers, among other initiatives…”

The Democratic Party Pie-in-the-Sky Solution

Green energy, the Green New Deal, is being touted as the savior of the planet’s environment and the American economy. So long economical fossil fuels, hello wishful wind, sometimes solar energy. Expect an Environmental Protection Director Alexandria Ocasio Cortez working closely with President Kamala Harris to usher in Venezuelan-style economy if the Democratic Party gains full control of the government wheel…

Tomorrow we will continue looking at the economy focusing on the Republican approach to it.