I spent part of Sunday discussing with my favorite spouse some of the differences between Socialism and Capitalism. It wasn't a long discussion because we don't have as much knowledge about the topics as we do capacity for opinion, but it led me to wonder later what an American Socialist state might look like.
I decided that it would look a lot like large government institutions such as the state hospital where I worked for several years. This may not be the case but I think it would be fair to imagine more of this type of governance. So what does that mean to you and me? I think more of things like this: wonderful ideas with lifeless application.
Any [state] resident who stays and works in the state for five years after graduation will have their state income tax for that time period returned in the form of a down payment or closing costs on their first house. For a single person, that could be up to $10,000, and for a married couple, it could be up to $15,000...
To participate, students have to register with the [Agency] no later than the 60th day after college graduation or day of degree completion. Those who have registered then have until 90 days after their fifth state income tax return is due to apply...
We have learned through observation that socialism can destroy the incentives necessary for the production of goods. Do you think someone somewhere within this organization has lost the incentive to produce goods worthy of consumption?
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