If America wanted to follow Sweden’s successful turnaround, the US would need to deregulate more markets, reform Social Security, remove all taxes on property and inheritance, etc. [Marxists will never agree to that, even if they thought it would be good for the economy because, to them, control over the people is more important than prosperity.]
The water shortages in Caracas are caused mainly by a lack of maintenance to the city’s water network – and a lack of funds to replace broken parts. Socialist dictator, Nicolás Maduro, blamed the problem on right-wing “terrorists” who he accuses of sabotage. 75% of Caracas residents do not consistently have access to running water.
‘Universal basic income’ is a socialist scheme that takes money from taxpayers and redistributes it to mostly non-taxpayers. Stockton, a city in California, will spend $900,000 over 18 months to subsidize 100 residents with $500 monthly. [We expect the program to become permanent in California, however, because legislators there do not care if a program is too expensive or unsustainable so long as it gets them elected.]
Georgia Democrat, Stacey Abrams, a former state representative, acknowledged that she owes more than $200,000 in personal loans, credit card debt, and IRS back taxes. She even admits that she did not understand that credit cards incur interest. In spite of this, she has gained strong popular within influential Democrat circles.