08/10/2018

Ignorant Sanders

John Stossel, Rasmussen Reports

Sen. Bernie Sanders is all over the internet!

New York Magazine says he is "quietly building a digital media empire."

Mic.com calls it "one of the most powerful progressive media outfits in America."

This matters because bettors rank Sanders one of the top four Democratic presidential contenders.

I resent Sanders' "empire" because it pushes bad ideas, yet his videos are viewed more often than mine. His videos have been seen almost a billion times.

Some are just recordings of him making noisy speeches, ranting about how Republican policies hurt Americans. For example, "Tens of thousands of them will die" if Obamacare is repealed. (He ignores the fact that more will live if the economy is allowed to grow.)

Other Sanders videos are edited, produced pieces, much like videos that I make.

One powerful one begins with a President Trump speech where the president recites the song "The Snake," in which a woman nurses a snake back to health -- only to have it bite her. "You knew damn well I was a snake before you took me in!" shouts the president. He was arguing against loose immigration controls.

But the video cuts to Trump calling criminals "animals," and an "expert" says Trump is using "the same kind of language that the Nazis used."

The video never mentions that when Trump said "animals," he was talking about MS-13.

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In Search Of History

4,000 Years Of Price Control

Tablets, said to be 200 years older than the Babylonian Code of Hammurabi ... show that the ancient kingdom of Eshnunna had wage control and price control. The news ought not to have come as a surprise. For the code of Hammurabi itself (unearthed in 1902), which was promulgated earlier than 2000 B.C., fixed prices, wages, interest rates, and fees. This makes price control at least about 4,000 years old. ...

 

Ironically, it is those who now wish to return to this ancient totalitarian device who are fondest of calling themselves “progressives.” They are also fond of saying that those who believe in economic liberty “are living in the nineteenth century.” These controlists have yet to learn that they themselves are still living, as the discoveries in Babylonia attest, in the nineteenth century—B.C.!

-- Henry Hazlitt,

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  • Unemployment:
    FreeMarket Central BLS: 4.05%
    FreeMarket Central Shadow Stats: 21.5%
  • Inflation:
    FreeMarket Central September Year-to-Year: 2.87% (CPI-U*)
    FreeMarket Central Shadow Stats: 9.9%

*[cpi-u is the Bureau of Labor Statistics inflation rate for all urban consumers]

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