That’s why Bernie frequently cites Sweden and Denmark as examples of socialism. This ignores the fact that both countries have long since understood that you can’t really tax and spend your way to prosperity. Call them SINOs — Socialists in Name Only.
In fact, when it comes to international trade and business regulations, both Sweden and Denmark are less socialist than the United States, according to the most recent Economic Freedom of the World rankings. In the 1990s, Sweden introduced school choice into elementary education, and it has even partially privatized its social-security system. Denmark recently cut the duration of unemployment benefits, and both countries have significantly reduced their corporate-income-tax rates; the Danish government has slashed the rate from 32 percent in 2000 to 23.5 percent last year. That can’t be what Bernie Sanders wants, can it?
In the end, most of socialism’s defenders wind up defining the term down to where it is nearly meaningless. Sanders likes to describe Social Security and public schools as examples of socialism. Then again, with Social Security running almost $26 trillion in the red and the disaster that the public schools have become, maybe they aren’t the best examples to point to.
Chances are many of socialism’s current fans like it because they think it means “free stuff.” But of course there’s no such thing as a free lunch. The U.S. can’t pay for the programs we have now. The deficit is on its way up, and the national debt just topped $19 trillion.
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