There are many young adults who probably don't remember this because they are too young. The term that I'm thinking of is culture war. The culture war is on, and it's main front is out there in Wisconsin.
What's the culture war? Actually, it is a Pat Buchanan phrase which he brought into the public square back during the 1992 Presidential primaries. He was running against the elder Bush, George Herbert Walker Bush, and that appears to have weakened Bush enough to cause him to lose to Clinton later that year.
Social Conservatives seem to be losing that war, as gay marriage passed in New York this past week. Yes, that is what culture war is, the great cultural rift between the social conservatives and the social liberals.
In Wisconsin, it doesn't appear to be social issues, but economic ones. But they are comparable due to the respective factions that support each side. It is political, as the left sees its power base challenged and is fighting back. It would seem that they can't vote out Prosser, now they will try to scandalize him out. They can't get rid of Walker yet, but they will try as soon as it becomes possible. Recall efforts are underway, and will continue. For the left, we are not broke. But, who are "we"? It is a wide gulf between capitalism and socialism, and the idea that property is communal is the one chasm that cannot be bridged. If it cannot be bridged, the only other way is conflict of one kind or another.
If the left is successful, they will get increasingly aggressive towards property. If "we" are not broke, it must follow that they will begin seizing private property. They will begin taking property, because "we" means there is no distinction between anyone's property, it is held in common by all. What property might that be? Just about any kind that you can imagine, but the one that I hear about from time to time is private pensions. If it looks like they will make a grab at that, look out below for these types of investments. There will be a mad dash to get out of them before the government starts grabbing them.
Once that fails, they will get increasingly desperate. There is no way out, but to just stop spending what you don't have. This hasn't sunk in for the left yet, but it will eventually. It must because they won't stop until "we" really are broke. In such as case as that, say goodbye to wealth and prosperity. The left doesn't know how to create it, but they sure know how to redistribute it.
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