White House’s Kevin Hassett on the costs of socialism

Share
Embed
  • Published on Oct 23, 2018
  • Council of Economic Advisers Chairman Kevin Hassett on how the Trump administration released a 72-page report about the problems with socialism.

Comments • 77

  • stalematedizzy
    stalematedizzy Year ago

    Kevin Hassett is the kind of propagandist I would like to tar and feather.
    ruclip.com/video/NVDLkL8Nvjw/video.html
    ruclip.com/video/KEC0GT_8l_I/video.html&t

  • Jeanette D.
    Jeanette D. Year ago

    FOX: What a load of BS. This is just the usual criticism of the left and the usual false narrative when you get your hands on it.
    It's offensive and concering. What's concering is that you try to compare oranges and bananas. It's offensive because you over and over again ridicule everything that isn't suitable in this Trump era.....and all the time at others expense (domestic and abroad). The Nordic countries have social democracy and not Marxisme or anything else.
    I live in Scandinavia - and yes, we pay more taxes in my country than in the US, but we also have higher wages. I'll proudly pay my taxes to ensure that every citizen - rich and poor - has free healthcare and free education. Sometimes we complain over the tax rates, but NO WAY I would change this with US standards.
    You can watch a response to Fox comparing my country to Venezuela here: ruclip.com/video/OSd8ellS52M/video.html
    You can watch a response to the White House report on "Nordic Socialism" here: ruclip.com/video/pE3ADowzh8s/video.html

  • Sydvestjyden
    Sydvestjyden Year ago

    Note, that you are insulting a amajority of danes by calling us socialists

  • Thomas Thomsen
    Thomas Thomsen Year ago

    ruclip.com/video/pE3ADowzh8s/video.html

  • Thorstein Mortensen

    oh fuck off that paper is about as academic as my last visit to the toilet comparing average income over median income, it is not like 'murica is know for its extreme income gaps? where the fuck did you get your basic economic degree? Not accounting for savings for college or the cost of health care insurance that would be saved? If i was to give this report a grade it would get a B for presentation and F for actual substance.

  • Christian Ryd
    Christian Ryd Year ago +3

    In Nordic countries people have to pay when they show up for healthcare...? Flat out false generalisation by this white house representative. I live in Denmark (2nd largest country in Scandinavia by population size) and don't have to pay a cent to visit the doctor or to end up at the hospital.

  • Lawney Malbrough
    Lawney Malbrough Year ago

    Socialism has never worked anywhere. Maybe Occasio Cortez thinks it does btule let's face it sh's a complete air head! An air head like her will believe any nonsense.

    • JDiculous
      JDiculous Year ago

      It's actually working in every other developed country when it comes to healthcare

  • Jeffrey Johnson
    Jeffrey Johnson Year ago

    Socialist = (corrupt government official) OR (stupid, impoverished peasant).

    • JDiculous
      JDiculous Year ago

      funny you make this comment and then in another comment ask for a link to a report that can easily be Googled

  • Jeffrey Johnson
    Jeffrey Johnson Year ago

    I'd love to read this report, so where can we find a link to the report?

    • Thorstein Mortensen
      Thorstein Mortensen Year ago

      www.whitehouse.gov/wp-content/uploads/2018/10/The-Opportunity-Costs-of-Socialism.pdf Be warned it is full of rookie mistakes.

  • SanAntonioSlim
    SanAntonioSlim Year ago

    The Dezis (Dezi=Democrat Socialists) conveniently deny historical fact when they tout socialism. They have tried this socialism move for longer than the entire last century and now hope our children are stupid enough this time to fall for it. My fear is that this time they may be right. Educate your children on the true history of socialism and the strength of our Constitutional Republic. Republican capitalism is the greatest engine of progress and innovation the world has ever seen.

  • Dave Miner
    Dave Miner Year ago +1

    Voters....remember as you visit the poles to vote that Obama had a bromance with Cuban leaders at the end of his term of office. Most Legal Immigrant Cubans in Florida would have had that sucka' exiled for his little "episode"of The Globalist Almighty, 2.0.

  • TZ
    TZ Year ago +1

    Socialism will always fail

  • James Ricker
    James Ricker Year ago +2

    If it benefits the American people, it's socialism and needs to be stopped

  • Nicholas Santos
    Nicholas Santos Year ago

    WELL we have an astronomical military budget to invade other countries and established our will over them under the guise of protecting our country and spending democracy and freedom, but we can't support our elderly population that relieds on a social security check to survive on ,our infrastructure is unsafe and we have a president giving himself a hefty tax cut on the backs of the working class, while increasing our national debt, countless homeless while we supply Israel with 10BILLION annually ,so they can continue to terrorizing the palestinia people out of house and home.we are accomplices to terrorist act in Yemen Syria, Saudi Arabia and in countless other world stages.the issue that kept CUBA from progressing like PUERTO RICO was the choke hold we established on CUBA with our embargo , just like we are doing to Venezuela, this is how our mainstream media perpetrate the deception of the facts,so as our president likes to call it FAKE disgusting NEWS

  • Joe Smith
    Joe Smith Year ago +2

    Socialism works perfect for Cuba. Maybe the liberals in America need to move to Cuba?
    Edit: read my reply below to dick face.

    • JDiculous
      JDiculous Year ago

      None of these countries are wealthy. Cuba isn't wealthy either, but it's eliminated real poverty (eg. homelessness) in a way that most of these capitalist countries haven't. GDP per capita doesn't really tell you much about a country. A country can have a higher GDP per capita with a higher poverty and homelessness rate while another country is poorer but everyone has access to housing, education, and healthcare, that doesn't mean the first country is better off.
      My point was that comparing the U.S. to a tiny Caribbean island like Cuba is nonsensical. And like I said already, Cuba is not socialist. I get it though, you're here to circle jerk rather than have anything resembling a serious discussion. Have fun beating off "dick face" (lol, that's seriously the insult you came up with? Are you 12?)

    • Joe Smith
      Joe Smith Year ago

      @JDiculous ok challenge accepted. And these rank higher than Cuba. Sint Maarten, Montserrat, British Virgin Islands, u.s. Virgin Islands, bahamas, Cayman Islands, Puerto Rico, Trinadad and Tabogo, Turks and Caicos.....all have a GDP per capita higher than Russia or Greece as well according to the CIA BTW.... Saint Kitts and Nevis, Antigua and Barbuda, Aruba, Saint Martin, Barbados, Dominican Republic, Curacao, Grenada, Saint Lucia. All have higher GDP than Cuba.
      Yeah Cuba is wonderful. It's a socialism. The government owns your home, your farm, your company you work at, pays your health care, pays your education, gives you a job. And yes no severe wealth range. Everyone is as rich as everyone else. Taxi drivers are a little bit richer than doctors though. But your dentist makes $900 a year just like your bus driver and garbage collector.
      As for Haiti. Yeah they over populated and couldn't manage themselves, their land or their resources.

    • JDiculous
      JDiculous Year ago

      Cuba is not socialist.
      Also it's a Caribbean island that despite having an embargo on it for 60 years has no homelessness, virtually no unemployment, and higher life expectancy than the US. Prior to the revolution it was a relatively poor colony with extreme wealth inequality.
      Name me one wealthy Caribbean island. There are certainly plenty of capitalist Caribbean islands that are poorer (eg. Haiti)

  • angel,baby my,angel baby

    Time is running out
    Bare witness!!!! ruclip.com/video/FT1v4ZKVHuM/video.html
    God said prove all things, I am that women from Revelations 12:17
    Be apart of my offspring!!
    Be reborn through Jesus Christ our Lord!!!!
    My Testimony
    ruclip.com/video/VcwwbMgLDZA/video.html
    GOD SAID
    IF YOU LOVE ME KEEP MY COMMANDMENTS
    JOHN 14:15
    ^NEW TESTAMENT VERSE, FOR THE STUBBORN
    GOD SAID
    HE THAT SAITH I KNOW HIM AND KEEPETH NOT HIS COMMANDMENTS IS A LIAR AND THE TRUTH IS NOT IN HIM.
    ^NEW TESTAMENT VERSE, FOR THE STUBBORN
    GOD SAID
    BLESSED ARE THEY THAT DO HIS COMMANDMENTS, THAT THEY MAY HAVE RIGHT TO THE TREE OF LIFE, AND MAY ENTER IN THROUGH THE GATES INTO THE CITY
    REVELATIONS 22:14
    ^NEW TESTAMENT VERSE, FOR THE STUBBORN
    Answers!
    DO YOU KNOW HIM?
    DO YOU LOVE HIM?
    WILL YOU BE MAKING IT, INTO HIS GATES?
    SO WHENEVER SOMEONE COMES AND TELLS ME, YOU DONT HAVE TO FOLLOW COMMANDMENTS.
    EVEN THOUGH I TOLD YOU, HE CAME AND TOLD ME YOU DO!!!
    ALL I HEAR, IS THIS PERSON IS A LIAR, THIS PERSON DOES NOT LOVE GOD. THE TRUTH IS NOT IN THIS PERSON!!!
    THIS PERSON WILL NOT BE MAKING IT, THROUGH HIS GATES!!!!!!!
    MUST BE BAPTISED CAN BE DONE IN OWN TUB , ASK IT BE DONE, UNDER GODS EYES, CHILDREN ALSO ONES OLD ENOUGH TO KNOW RIGHT FROM WRONG!
    TEACH CHILDREN WAY OF THE LORD
    1.Don't lie,
    2.Don't steal,
    3.DONT KILL,
    4.NO ADULTERY,
    5.NO SEX BEFORE MARRAIGE,
    6. RESPECT MOTHER AND FATHER,
    7.REMEMBER SABBATH KEEP IT HOLY(CHURCH OR READ BIBLE FOR CHURCH)
    8. No idols or graven images,( no crosses, angels, Bibles, touched during prayer, GOD IS ALIVE AND UP THERE)
    9. DONT SAY Gods name in vain,( if your not talking to Him or of HIM , don't say His name in vain, just from hitting your toe...)
    10. Don't covet your neighbor
    A. don't be jealous of anyone's things , house wife kids... (Keeps bitterness , Satan out of your heart)
    B. Forgive all who have hurt you (removes bitterness from heart
    C. love thy neighbor, love one another,
    Prove it and pray for everyone to be saved
    Repent immediately after any broken

  • huckle berry
    huckle berry Year ago +1

    We dont give in to terrorists or border jumpers.

  • Floyd Zepplin
    Floyd Zepplin Year ago +1

    A good socialist is a dead socialist

  • Patricia Ann Burkett

    Extremely expensive to the people! Highway robbery piracy and plundering come to mind. We are being swindled by the beyond fake socialist democratic nitwits with their lying ridiculous nonsense
    anti-American bowel
    movement parade.
    They don’t even know where the toilet paper is or if there’s any available
    This is so stupid
    I can’t believe that we’re having to put up with these people’s three ring circus
    Go to Pluto! Oops!🔥they don’t want you either.

  • BIG A
    BIG A Year ago +2

    Hang all socialist and communist.

  • Brian Johnson
    Brian Johnson Year ago

    Socialism destroys the pocket books of the price gouging capitalists who's only purpose is to take advantage of everything you do. Healthcare, college, home ownership, and everyday products. You are nothing more than a product in America.

  • Zerimor 6ren
    Zerimor 6ren Year ago +2

    Socialism would only cost 90% tax rate. Why not let the state own the fruits of your labor, amiright? Lol

    • JDiculous
      JDiculous Year ago

      Except it's not a 90% tax rate. Why not let capitalists own the fruits of your labor, amiright? Lol

  • Tarun Kumar
    Tarun Kumar Year ago +1

    Lol Nordics dont become bankrupt going to college unlike in US

  • Dr No No No
    Dr No No No Year ago +6

    Socialism is a dream, the fact that in order for socialism to work it requires 100% participation of society, the minute you don't have 100% participation the system starts to collapse, that is just a fact. Socialism is a utopian project, that is not viable in any time in human history, including the future. Socialism is a failed project in a real world system.

    • JDiculous
      JDiculous Year ago

      What the hell are you talking about?

  • Joe Mancilla
    Joe Mancilla Year ago +1

    12 billion dollars Farm welfare taxpayers money 👺👺👺😂😂😂😂😂😂

    • Joe Mancilla
      Joe Mancilla Year ago +1

      @Dennis Walker God hates all republicans and Donald Trump 100 % BOOOOOMM

    • Dennis Walker
      Dennis Walker Year ago

      @Joe Mancilla There you go projecting again , remember what your therapist said and take your meds .

    • Joe Mancilla
      Joe Mancilla Year ago

      @Dennis Walker LOL 👺👺👃👃😂😂😂

    • Joe Mancilla
      Joe Mancilla Year ago +1

      @Dennis Walker just like Trump 👺 👺 😂

    • Dennis Walker
      Dennis Walker Year ago

      @Joe Mancilla Is that the best you can come up with snowflake , all you have accomplished is displaying your racism for all to see . Chalk up another failure in your long line of failures .

  • Trucker_Pete
    Trucker_Pete Year ago +11

    Socialism leads to Communism leads to destruction. Scandinavian countries still use capitalism to fund their socialism. It’s not pure socialism. That’s why they’re not like Venezuela. It’s all about absolute power over peoples lives. Big government controlling everything which is something the Democrat Party used to oppose. Now they want to control healthcare, education, and even speech. Socialism favors a very rich and very poor society. No middle class. If you’re not on top, you’re getting trampled underneath while waiting for government handouts. There’s nothing American about it. Vote Republican this November and say NO to socialism. 🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸

    • Jeanette D.
      Jeanette D. Year ago

      @Trucker_Pete @JDiculous : I believe that Obama had a lot of struggle getting Obamacare as it was meant to be. The Republicans had majority in the Senate and House at that time - and as I recall the Republicans opposed it strongly.
      Obamacare has been the first genuine attempt to improve healthcare for all in the US, but needed more work. I think it's sad that the Republicans are tearing it apart right no instead of trying to improve. Trump is doing a great job fear-mongoring about ripping it apart whithout any proper alternative. I can understand why a lot of Americans are reacting to that. There should not be inequality in healthcare.

    • Jeanette D.
      Jeanette D. Year ago

      @Upy 017 : And Trucker is not describing the Nordic countries. Wrong narrative as expected from Fox and the oblivious. I live in Scandinavia, so I know. Made a comment to Trucker, you can read if interested.

    • Jeanette D.
      Jeanette D. Year ago

      @JDiculous : I just told Trucker and made a separate comment above.

    • Jeanette D.
      Jeanette D. Year ago

      Trucker: I just wrote a comment above - take a look. "Socialism leads to Communism leads to destruction" - this is definately not the Nordic way and therefore a false narrative. In Scandinavia we have social democracy - that's a completely different thing. You can't compare oranges with bananas.
      You are wrong when characterizing the Nordic countries as you do. We have a big middle class, less millionaires and less poor people than in the US. And no one is "getting trampled while waiting for government handouts". Totally false narrative.
      Look at the videos in my comment above.

    • hans christian Gudbrandsen
      hans christian Gudbrandsen Year ago

      I Wish you would visit us in Denmark and how it works cause you, republicans, dont seem to wanna listen 😁

  • newheavyion
    newheavyion Year ago +6

    And why are Scandinavians not rushing into the USA, if they earn 50%more? because life is better in Scandinavia than in the USA.

    • Balnazzardi
      Balnazzardi Year ago

      George Koch II debatle or not, for example here in FInland most people are HAPPY to pay our high taxes cause of what it actually gives to us
      - free higher education for our kids, and high standard public schools/elementary schools and high schools, cause all that comes from our taxes
      -very affordable healthcare compared to what you would have to pay in USA
      - higher retirement pension than what you could ever get in USA
      -progressive tax-rate, meaning the more you make money, the more you have to pay taxes. You make say its stupid to punish those who are succesfull in life, we call it fair tax rate....anyone who is not fine with it could leave anytime they want, yet most who have to pay such high tax rate choose to remain in Finland either way:
      en.wikipedia.org/wiki/Taxation_in_Finland
      Ye, call Finland "socialist" all you want, people here tend to to be happier and live longer than in USA. We constantly rate on top of almost any list when it comes to welfare, social justice, healthcare, happiness, least amount of corruption together with the rest of Nordic countries.
      And ye, for sure many of our system might nor work there in USA; but the thing is that you have no reason to look at us in disgust or even try to compare us with any real socialist nations where things have always gone to shit....do not mistake our "social welfare" or "social democracy" policies to socialism. Our economy is still very much based on "capitalist" ideas.

    • JDiculous
      JDiculous Year ago

      Protecting them from what? The hordes of middle eastern refugees fleeing to Scandinavia due to wars started by the U.S?

    • Chris Jones
      Chris Jones Year ago

      @newheavyion Trumps #1 issue for the USA and the world is nuclear he has said it from 2015 on. Space force is part of that. Russia is modern we are not.
      Funny fact that 90% of you that argue with me about our country the USA aren't American. Its sad

    • newheavyion
      newheavyion Year ago

      What kind of bullshit information do you consume????? Nobody force me to drive day and night with headlights on. That a lie. You need a license to dance? thats a lie. Number two now. Your "argument" regarding prostitution is also a lie, number three. You are educated by FOX, everything you said is strait false. And it goes on. Your hole text is biased bullshit. danemark,schweden etc is where the happiest people life. www.independent.co.uk/news/world/europe/7-reasons-denmark-is-the-happiest-country-in-the-world-a7331146.html

  • reinfree
    reinfree Year ago +8

    We The People are nationalist. Vote 🔴

    • Brian Johnson
      Brian Johnson Year ago

      Not by popular opinion. Too bad we don't have a system that would allow the people to decide what's best for the people. Everything is rigged for the top 1%. Most Americans want medicare for all and affordable healthcare. We just don't get what we want in this free country because we're so focused on keeping people uneducated and poor. Fuck Nationalism.