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The Reason Kids Love Socialism

November 11, 2019 By Richard C. Young

Senator Bernard Sanders (I-Vermont) (left), Chairman of the Senate Veterans Affairs Committee, joined Dr. Robert A. Petzel, Under Secretary for Health, in highlighting how VA is bridging health care and information technology. (Photo courtesy of VA)

Tucker Carlson and Neil Patel explain why kids, despite the complete failure of socialism everywhere it’s been tried in the world, still find the idea alluring in 2019. They write (abridged):

You often hear it said that young people support socialism because they’ve been brainwashed by their professors. There’s some truth to that, of course, but it’s not the main problem. The main problem — the reason capitalism is increasingly discredited and socialism increasingly popular — is that for too many young people, our current system isn’t working.

“Go to college,” we tell them. “You’ll be successful if you do.” But too often, that advice is outdated, if not an utter lie. Many of our kids wind up impoverished by the experience, their dreams thwarted forever.

The reason is debt. Forty-five million Americans now labor under student loans.

No wonder young people aren’t getting married, buying homes or having children. They can’t afford to. No wonder so many support Bernie Sanders. If this is capitalism, they don’t want any part of it.

The irony, of course, is that the only people benefitting from this system are on the far left: college presidents with multimillion-dollar salaries, highly paid university administrators and tenured professors of non-binary feminist poetry and other perverse and pointless academic “disciplines.”

As a group, these are, without question, some of the least impressive people in our country. Yet they’re the only ones coming out ahead in the deal. They’re feasting on our children’s debt and on the generous subsidies taxpayers provide for higher education in America. An entire generation of Americans is enslaved to interest payments so that some left-wing academics can have lifetime employment making our country worse.

We need to move the crushing financial burden of student debt off the shoulders of middle-class families and 22-year-olds and back onto the people who’ve gotten rich from it. That’s an idea every sensible person can support. And there’s a political payoff for any politician wise enough to adopt it.

Read more here.

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Richard C. Young
Richard C. Young is the editor of Young's World Money Forecast, and a contributing editor to both Richardcyoung.com and Youngresearch.com.
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