November 4, 2022

Rebutting Comrade Bernie Sanders

“Corporate greed” is not what’s driving rampant inflation, and a “windfall profits” tax isn’t going to fix it.

Against the warnings of even their own economists, Democrats unnecessarily pumped trillions of dollars into the economy as “COVID relief,” which lit the fire of inflation. CPI is nearly 14% higher than when Joe Biden signed the grossly misnamed American Rescue Plan. Obviously, Democrats aren’t interested in fixing things and they’ll die before accepting any blame, so they need a pre-election scapegoat. The one they’ve trotted out for slaughter is a familiar one: “greedy corporations.”

You don’t have to be an Ayn Rand disciple who touts greed as good to realize that when corporations do what’s best for their bottom line, it ultimately serves the customers who buy their products or services. What good would it do anyone for a company to be so altruistic that it goes out of business?

This is, of course, a foreign language to career statist politicians who have no experience in the private sector. Politicians like Bernie Sanders, who wrote an op-ed at, of all places, Fox News, where he expects to persuade … who exactly?

He begins by acknowledging that voters are and should be “expressing deep concern about the state of the economy and inflation.” He lays out why: “Today, we live in an economy in which the billionaires are getting much richer while working families fall further behind. Unbelievably, while 60% of Americans are living paycheck to paycheck, we now have more income and wealth inequality than we have ever had in the history of our country — with three multi-billionaires owning more wealth than the bottom half of Americans.”

Gee, maybe voters should think about holding accountable those who’ve been running the White House for the last two years and Congress for four.

Except that’s not what Bernie means at all.

“During this political season it is easy to blame President Joe Biden and Democrats for inflation,” Sanders says. “But that’s just not accurate.” Fact-check: Yes it is. The only reason Sanders, Biden, and other Democrats have been harping on the “greedy corporations” line for months now is because they realize voters are about to hold them accountable for terrible policy.

To be sure, Democrats do sometimes complain about things that are actually problems. It certainly doesn’t seem right that the elite gained so much while the rest of us increasingly struggle. Sanders laments that “the CEOs of major corporations now make nearly 400 times more than their average employees,” which definitely seems a bit imbalanced.

He also argues that inflation is “an international crisis,” which it is, though that doesn’t absolve Democrats. He manages to find a handful of countries where it’s worse — primarily in war-affected Europe — without listing all the nations where it’s not remotely as bad.

Sanders points to the evil oil companies as the real reason for inflation. “The profits of ExxonMobil, Chevron, BP and Shell skyrocketed by 169% so far this year to $125 billion.” Gosh, that sounds bad. Until you do the math. Profits are up so drastically because oil companies previously lost money when they were almost literally giving oil away while shutting down production left and right amidst plummeting demand caused by government shutdowns. When demand roared back, goosed by “free” government money, prices and profits went up. That’s basic economics.

But never mind that. The Vermont socialist echoed Joe Biden in calling for a “windfall tax” to rectify this supposed inequity. Why? Because the rich don’t “deserve” anything else.

Meanwhile, as noted above, not only does Sanders reject blame, he stubbornly vindicates the loving care provided by the Democrats’ nanny state. “I apologize to no one,” he repeatedly said, for having “provided” direct payments to families, expanded unemployment benefits and the Child Tax Credit, and redistributed money to various other favored things. Democrats “provide” nothing. Government takes from some in order to give to others. In private practice, that’s theft. In Bernie Sanders’s world, it’s reason to vote for the thieves.

Finally, never forget that Bernie Sanders is the guy who once opined that bread lines are a “good thing.” He’s also a hypocrite who makes three times the median household income, is worth $2 million, and owns multiple lavish houses. Forgive us if we don’t take his advice on anything.

Who We Are

The Patriot Post is a highly acclaimed weekday digest of news analysis, policy and opinion written from the heartland — as opposed to the MSM’s ubiquitous Beltway echo chambers — for grassroots leaders nationwide. More

What We Offer

On the Web

We provide solid conservative perspective on the most important issues, including analysis, opinion columns, headline summaries, memes, cartoons and much more.

Via Email

Choose our full-length Digest or our quick-reading Snapshot for a summary of important news. We also offer Cartoons & Memes on Monday and Alexander’s column on Wednesday.

Our Mission

The Patriot Post is steadfast in our mission to extend the endowment of Liberty to the next generation by advocating for individual rights and responsibilities, supporting the restoration of constitutional limits on government and the judiciary, and promoting free enterprise, national defense and traditional American values. We are a rock-solid conservative touchstone for the expanding ranks of grassroots Americans Patriots from all walks of life. Our mission and operation budgets are not financed by any political or special interest groups, and to protect our editorial integrity, we accept no advertising. We are sustained solely by you. Please support The Patriot Fund today!


The Patriot Post and Patriot Foundation Trust, in keeping with our Military Mission of Service to our uniformed service members and veterans, are proud to support and promote the National Medal of Honor Heritage Center, the Congressional Medal of Honor Society, both the Honoring the Sacrifice and Warrior Freedom Service Dogs aiding wounded veterans, the National Veterans Entrepreneurship Program, the Folds of Honor outreach, and Officer Christian Fellowship, the Air University Foundation, and Naval War College Foundation, and the Naval Aviation Museum Foundation. "Greater love has no one than this, to lay down one's life for his friends." (John 15:13)

★ PUBLIUS ★

“Our cause is noble; it is the cause of mankind!” —George Washington

Please join us in prayer for our nation — that righteous leaders would rise and prevail and we would be united as Americans. Pray also for the protection of our Military Patriots, Veterans, First Responders, and their families. Please lift up your Patriot team and our mission to support and defend our Republic's Founding Principle of Liberty, that the fires of freedom would be ignited in the hearts and minds of our countrymen.

The Patriot Post is protected speech, as enumerated in the First Amendment and enforced by the Second Amendment of the Constitution of the United States of America, in accordance with the endowed and unalienable Rights of All Mankind.

Copyright © 2024 The Patriot Post. All Rights Reserved.

The Patriot Post does not support Internet Explorer. We recommend installing the latest version of Microsoft Edge, Mozilla Firefox, or Google Chrome.