What Time's "fix" involves is essentially the Sweden-ization of America, where the average working family would be handing over 65–70 percent of its earnings to government bureaucrats, with regulation-induced price increases eating up perhaps another ten percentage points. This all needs to be done at the very beginning of the next administration, moreover, for "putting off change won't be an option much longer." It is a perfect recipe for impoverishing America.
TIME for Socialism - Thomas J. DiLorenzo - Mises Institute
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