Yesterday, I walked into a bar when it was not busy. I struck up a conversation with the bartender, a 20-something female.
At one point during the conversation she said to me in a bit of a conspiratorial tone, "Actually, I am leaning toward socialism."
I asked her why. She said, things are bad and that the cost of education was too high, that she had tons of college debt. And then she said, "Plus, social security is bankrupt and I will never see any of it."
I pointed out to her that her concerns really were about areas of the economy that were the most socialistic here in the US. I said that in the private sector no bank or brokerage house would just be allowed to take your savings give it out to someone else and hope new money came in to pay you. Bernie Madoff tried that, I said. Only governments, when they act like socialist planners, get to do that, and get away with it. Plus, they force you into the system, not even Madoff did that.
I pointed out that the education system was very heavily regulated and that the government was pumping money into the system with reckless abandon. Prices are getting out of control where there are the most socialist-type regulations and government funding,including in the healthcare and education sectors, I said. Where there is little regulation prices are falling, I went on,and mentioned cell phones, flat screen TVs and computer laptops.
She nodded, but she then said. I am not against all corporations. they just need to be regulated more. "That's fascism," I said, "Right out of the Mussolini book on how to run an economy."
At that point, the bar got quite a bit more crowded and she went to wait on other customers.
But, I think I will return sometime next week to see if she is still a socialist.