Andy Stern's econo-idiocy
The professional left in America and their chattering-class useful idiots have followed a consistent pattern for a century: sympathizing with tyranny in their musings over how to implement policies fueled by jealousy and an undying fear of economic liberty.
There has hardly been a better example in recent years than Andy Stern’s Wall Street Journal December 1st op-ed entitled “China’s Superior Economic Model.” In his article, Stern approvingly quotes Intel Corporation co-founder and former CEO Andy Grove who stated in a 2010 Business Week article that there is “emerging evidence that while free markets beat planned economies, there may be room for a modification that is even better.”
Before getting to the details of why Mr. Stern, until recently the head of the Service Employees International Union – which spent at least $27 million to help Barack Obama get elected in 2008 – is wrong in almost every detail, can I take you back more than two decades to the “Japanese Miracle” (and American near-panic) of the 1980s?
Please read the entirety of my article for the American Spectator here:
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