(11-11-2019 05:47 PM)bullet Wrote: Lessons from the fall of the wall. https://www.nationalreview.com/2019/11/b...n/#slide-1
"One: Christa Luft, was the last person to serve as minister of economics in the East German government. Appointed just after the wall fell, she faced the daunting challenge of holding together a collapsing centrally planned economy. When I interviewed her just before Christmas 1989, I asked her how long East Germany could have preserved Communism if the wall hadn’t collapsed. With remarkable candor she said: “We had at most six months to a year.” The economy, she explained, was so inefficient at the end that if a machine tool broke down in Leipzig there would likely be no spare part available. A factory manager desperate to produce his quota of goods would often pay to have the needed part stolen for him from a factory in another city...."
Give Liz or Bernie two terms and we could be there. Except that there might not be the factory in another city--or, for that matter, the factory where the tool broke.
Obama and Hillary wanted to give up all our manufacturing and extraction industries.
So do Liz and Bernie, and perhaps to a lesser extent, the rest of the democrat field.
