by Mitch Kokai
Senior Political Analyst, John Locke Foundation
John Stossel explains at Human Events why he’s no fan of the Republican and Democratic presidential nominees.
Trump’s a contender because he promises a trade war. That’s what gave us the Great Depression. Trump claims that China is “raping” America. No, Donald, rape is force. Your proposed tariffs are also force. Trade is voluntary and good. Big difference.
Clinton might bankrupt America first, however, because Democrats promise more regulation and handouts — free college, free pre-K, higher minimum wage, etc. Similar activist government spending just destroyed Puerto Rico.
This week, Puerto Rico defaulted on $370 million worth of bonds.
The territory’s “generous” government squandered the island’s resources. Decades of leftist governors hired their friends. In Puerto Rico and Greece, about one in four workers works for government, compared to 14.6 percent in the mainland U.S.
Puerto Rico’s current governor points out that Puerto Ricans enjoy 30 days of paid vacation every year, 18 sick days and 14 paid holidays. That’s about two months paid leave every year. No wonder businesses wither.