The 2020 Election Is About Freedom, Not Equality

• Capitalism and free markets — not failed government regulation and poorly-targeted spending — are responsible for all slow growth and inequality.

• America was founded and remains controlled by a cynical monopoly of exploitative white males.

• The climate change crisis is a convenient vehicle to accomplish the revolution.

Unfortunately, centrists of neither party— nor their counterparts in Europe—have governed well. Despite breathtaking technological change, economic growth has been halting and families feel stressed as the cost of health care, university education and resulting student debt service and housing have risen much more rapidly than incomes.

That’s what made Sanders’s and Warren’s serious candidacies possible.

Fortunately, most Americans don’t like socialism. However, they could be persuaded by a Democratic candidate that a little bit more government—like another shot of heroin—will solve kitchen table budget problems when President Barack Obama proved that it doesn’t.

It’s an article of faith among Democrats that the wealthy should pay for all their schemes. They have plans to dramatically raise taxes to finance more government intervention in free health care, universal basic incomes and free college—but as conditions in Europe prove, it’s the middle class that will pay.

It was narcissistic for billionaire Michael Bloomberg to think he could ride the Donkey Party Express to the Oval Office—or maybe just cynical because he had enough money to monopolize the airways and pay enough Twitter trolls.

Donald Trump’s oratory gaffs, and inflammatory rhetoric aimed at his blue-collar base, too often distracts more moderate voters, women and minorities from an essential reality—Trump’s right-of-center economic policies are making things better than during the Obama years.

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Peter Morici is an economist and professor at the Smith School of Business, University of Maryland, and widely published columnist. He is the five time winner of the MarketWatch best forecaster ...

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Gary Anderson 1 year ago Contributor's comment

Trump is a tariff socialist. The idea that Trump is for freedom rings hollow to me. Biden isn't the kind of guy who would shut down big oil. Obama and Trump were and are do nothing presidents. My parents thought FDR was a great man. The greatest generation looked up to him for trying to help the average American. You have a disturbing view of the world, Peter. Free trade is what we want, but what good is free trade if money does not filter down to labor?

Kurt Benson 1 year ago Member's comment

Will there even be an election with #Covid19 running rampant?