Rachel Marsden

In Europe, and specifically in the U.K. and France, factories are shutting down and relocating on a regular basis, despite leaders' promises to create jobs. With what? More spending of money government doesn't have? By relying on the good grace of wealth creators and leaders of industry who are increasingly choosing to pay taxes to the least fiscally punitive of the regimes with which they associate? The result of such illogical propositions is increased smash-and-grab socialism as panic reaches fever pitch.

Here are a few troubling trends that, thanks to blissful ignorance of any possibility of a self-correctional economic reckoning, are likely to greatly impact your life, regardless of who wins the American election or any other election on the planet:

-- Far too many people will consider civil service paper-shuffling to be the best possible career choice, despite the fact that they know going in that their employer is leveraged to the max and teetering on the brink.

-- Labor unions, which once served the honorable purpose of protecting workers' rights, will continue to parasitize their decrepit host employers to the point where the hosts will either flee or die, as any other put-upon creature in nature would.

-- Kids will continue to study basket weaving in college, then expect to walk into a $100,000-a-year job after sending out five resumes (and expecting all five employers to joust to the death over the basket weaver in question). Meanwhile, engineering jobs will go unfilled because basket weaving has no transferable skills that would, say, aid a passenger jet in achieving liftoff.

-- Government will spend millions developing cars no one wants to buy, inspired by their father-knows-best moralism and the confidence that comes from spending other people's money. Why not tinker with such alternatives in a market with the money and demand for it (as with Saudi Arabia's interest in solar plants) and make an actual profit for America?

For these examples and others, we can thank socialism. We need our elected officials not just to claim token opposition to it, but to actively counter it through steadfast, clear-minded leadership, understanding and harnessing the free-market forces that exist outside their nation's walls.

Rachel Marsden

Rachel Marsden is a columnist with Human Events Magazine, and Editor-In-Chief of GrandCentralPolitical News Syndicate.
 
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