bRight & Early

Jim Lynch May 29th, 2007 12:45 pm

Communism – A theoretical economic system characterized by the collective ownership of property and by the organization of labor for the common advantage of all members.
(”communism.” The American Heritage® Dictionary of the English Language, Fourth Edition. Houghton Mifflin Company, 2004. Answers.com 29 May. 2007. http://www.answers.com/topic/communism)

Socialism – Any of various theories or systems of social organization in which the means of producing and distributing goods is owned collectively or by a centralized government that often plans and controls the economy.
(”socialism.” The American Heritage® Dictionary of the English Language, Fourth Edition. Houghton Mifflin Company, 2004. Answers.com 29 May. 2007. http://www.answers.com/topic/socialism)

That’s what Hillary appears to be advocating:

Presidential hopeful Hillary Rodham Clinton outlined a broad economic vision Tuesday, saying it’s time to replace an “on your own” society with one based on shared responsibility and prosperity.

The Democratic senator said what the Bush administration touts as an “ownership society” really is an “on your own” society that has widened the gap between rich and poor.

“I prefer a ‘we’re all in it together’ society,” she said. “I believe our government can once again work for all Americans. It can promote the great American tradition of opportunity for all and special privileges for none.”

Opportunity for all is not equal with a “we’re all in it together”, at least as being in it together is defined by Hillary and the left.

That means pairing growth with fairness, she said, to ensure that the middle-class succeeds in the global economy, not just corporate CEOs.

“There is no greater force for economic growth than free markets. But markets work best with rules that promote our values, protect our workers and give all people a chance to succeed,” she said. “Fairness doesn’t just happen. It requires the right government policies.”

It requires the right government policies? What would those be?

Clinton said she would reduce special breaks for corporations, eliminate tax incentives for companies that ship jobs overseas and open up CEO pay to greater public scrutiny.

Clinton also said she would help people save more money by expanding and simplifying the earned income tax credit; create new jobs by pursuing energy independence; and ensure that every American has affordable health insurance.

And just think of all the ink, paper, and pixels that will be saved when we can stop writing The United States of America and just write “The State.”

UPDATE: Sister Toldjah reminds us of this:

Flashback: “Many of you are well enough off that … the tax cuts may have helped you,” Sen. Clinton said. “We’re saying that for America to get back on track, we’re probably going to cut that short and not give it to you. We’re going to take things away from you on behalf of the common good.” — Senator Hillary Clinton, June 28, 2004

• 2008 , Economics
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