Failed Socialism

Started by Solar, August 18, 2018, 03:57:19 PM

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Solar

If I was President of a Socialist country and said "I'd hike the minimum wage by over 3,000 percent, boost the corporate tax rate, and increase highly-subsidized gas prices in coming weeks".

What do you suppose would happen to the economy?


Now stop laughing.  :biggrin:  Oh, and did I mention, that the country was already on the verge of collapse?

Maduro actually said this.

CARACAS (Reuters) – Venezuela's president Nicolas Maduro announced on Friday a single exchange rate pegged to his socialist government's petro cryptocurrency, effectively devaluing by 96 percent in a move economists said would fan hyperinflation in the chaotic country.

In one of the biggest economic overhauls of Maduro's five-year government, the former bus driver and union leader also said he would hike the minimum wage by over 3,000 percent, boost the corporate tax rate, and increase highly-subsidized gas prices in coming weeks.

"I want the country to recover and I have the formula. Trust me," Maduro said in a nighttime speech broadcast on state television.

http://www.oann.com/crisis-stricken-venezuela-says-to-establish-single-forex-rate/
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walkstall

Trust me," Maduro said

Like trusting Hillary.   :lol: :lol: :lol: :lol:
A politician thinks of the next election. A statesman, of the next generation.- James Freeman Clarke

Always remember "Feelings Aren't Facts."

Solar

Quote from: mrclose on August 18, 2018, 04:46:09 PM
But But .. We haven't tried Democrat Socialism!  :biggrin:
Isn't that where it always starts, Democracies? :biggrin:
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slider1

It's not failed socialism. It's simply socialism. And it sucks no matter what.  This was where we were heading with BO followed by HRC.  He was Chavez and she was Maduro.  Sometimes I think it would be fun to see them take over and we'd degenerate like this. That way Americans would wake up to the fraud the dems are. But then I realize they'd try and pull a Maduro and alter the constitution so they could retain power.  F 'em. 

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Walter Josh

Latin America is plagued by its worthless Indian/Aztec-Inca heritage.
Spain tried civilizing them for 300 years but nothing changed.
Maduro is just another in an endless line of hustlers and punks,
who impoverish their people until the military puts bullets in them.

slider1

Quote from: Walter Josh on August 18, 2018, 05:39:31 PM
Latin America is plagued by its worthless Indian/Aztec-Inca heritage.
Spain tried civilizing them for 300 years but nothing changed.
Maduro is just another in an endless line of hustlers and punks,
who impoverish their people until the military puts bullets in them.

Can't happen soon enough.

Then the military will take over and establish a fascist state and the libs will all cry, ooohh look what happens when conservatives take over!  My oh my.  Freakin' clueless.  Unable to understand that true conservatives are not Nazis. They are the Nazis. True conservatives believe in limited government and maximum freedoms. It's the dems who want to establish state control every aspect of our lives, just like the National SOCIALISTS.

Cryptic Bert

As a personal rule I always trust former bus drivers when it comes to economics.

Solar

Quote from: The Boo Man... on August 18, 2018, 07:45:01 PM
As a personal rule I always trust former bus drivers when it comes to economics.
Hmmm, I wonder which one understands economics better, MMaduro the Bus driver or Occasio Cortez the bartender?
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Cryptic Bert

Quote from: Solar on August 18, 2018, 07:51:10 PM
Hmmm, I wonder which one understands economics better, MMaduro the Bus driver or Occasio Cortez the bartender?

Combined they could bankrupt the universe.

Solar

Quote from: The Boo Man... on August 18, 2018, 07:52:00 PM
Combined they could bankrupt the universe.
:lol: :lol: :lol: :lol: :lol: :lol:

Combined, they look like a Dim leading and losing ticket, all in one.
These two mental midgets are stereotypical Dim candidates.
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AndyJackson

It's so simple.  True Freedom and the potential to do great things on your own, always works.

The pitiful existence of having neither ..... always sucks and fails.

You have to be a dedicated tard to not realize this.