Everybody has an opinion about the 2016 Presidential Election. Throughout most election cycles, people only become interested during the last month or so, when it is time to submit a vote. But this one has drawn a lot of national attention. People are very interested in the contenders, for better or for worse. Men such as Donald Trump and Bernie Sanders contribute something unique to the election that has never been seen in American history. Bernie Sanders is introducing the American people to the model of government known as socialism. In this video, Thor Halvorssen provided some insight into this issue.
Halvorssen is particularly qualified to provide insight. Unlike most people, he did not learn about socialism by opening a history book. Most people only know about socialism from the one-liners that Bernie Sanders shares with them or from some other second-hand source. But Halvorssen has directly seen the results of socialism, and he argued that it is something that this nation needs to avoid at all costs. Resulting in poverty and persecution, socialism is far inferior to capitalism. In fact, Halvorssen has seen his own family members become victimized by socialist governments. This issue is very close to home for him.
Too Much Power
The United States was founded on a system of checks and balances. It was developed to prevent any governmental entity from developing too much power. This would prevent any corruption. While there certainly may be corruption in Washington, that corruption cannot full wield the US government. One cannot use their political capital to overturn a Republican system. However, a socialistic model of government would be a welcoming environment for a corrupt individual.
The Rich Will Run Out of Money
Bernie Sanders has suggested that the government tax the rich. The problem is that when the rich run out of money, the government will need to start targeting families of a lower income.
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