'Socialism is miserable'

Print Article

Six years ago the left praised socialist Venezuela as a model country.

New York Times contributor Mark Weisbrot praised socialist Venezuela in 2012 saying, "Poverty has been cut by half, college enrollment has more than doubled, millions of people have access to health care for the first time and the number of people eligible for public pensions has quadrupled."

Just six years later Venezuela's inflation is predicted to hit 1 million percent by the end of the year according to the International Monetary Fund.

The Daily Signal reported on Venezuela's staggering collapse. The economy has halved since 2013 and unemployment has now reached 30 percent. Basic items like baby formula and toilet paper can't be found on store shelves. The policy of nationalization to give back to the people has left those very people destitute.

No country has fallen farther and faster than Venezuela. Economic freedom has evaporated, and Venezuela is now the second most economically repressed country in the world.

The American left continues to praise socialism. Millennials in particular are embracing it.

Socialist policies undermine individual responsibility and the rule of law, and create a destructive race to the bottom to prove that you are the one most in need.

Proponents of socialism claim to want to lift up the poor, but all socialism does is drag everyone down, creating economic misery for rich and poor alike.

Socialism has proven to be ideologically bankrupt, having failed to produce anything close to a free-market system.

Amy Holterman


Print Article

Read More Letters to the Editor

'Transparency builds trust'

November 13, 2018 at 11:24 am | I am personally responding to the November 2nd Beloit Daily News Public Forum letter written by Dorothy Harrell. I believe she based her criticism of another school board member and me on inaccurate...


Read More

'Urge Congress to take action'

November 13, 2018 at 11:24 am | Wednesday, November 7, Donald Trump illegally appointed Matthew Whitaker to replace Attorney General Jeff Sessions. Sessions had abruptly announced his forced resignation the afternoon of that day. I...


Read More

'Republican support for pre-existing'

November 02, 2018 at 10:37 am | Do you remember the empty promises of Obamacare of lower premiums, keeping your coverage, and keeping your doctor? Well liberals are at it again. The ads you see on TV are wrong. Every Republican ...


Read More

'April's coming, we won't forget'

November 02, 2018 at 10:37 am | Board members held a special meeting Monday night to review and rescind personnel actions they unanimously approved the past week. Why? Some said they didn't have the opportunity to read the reports...


Read More

Contact Us

(608) 365-8811
149 State Street
Beloit, WI 53511

©2018 Beloit Daily News Terms of Use Privacy Policy