Why I Hate Hillary #1

Well, the socialists are at it again. Here is their latest legislative proposal:

The "Fair Pay Act" and the "Paycheck Fairness Act" aim to force companies to set pay scales based on some bureaucrat's definition of "social utility" rather than by allowing market forces to prevail. That means that, theoretically, truck drivers (who are usually male) cannot be paid more than paralegals (who are usually female).

This sounds great to the members of special interest groups that will benefit from the law. And those people will undoubtedly support it. But the problem is that we are creating a society that rewards not by voluntary, non-coercive, production and exchange but rather by forming political collectives, and petitioning government agents to steal wealth from other groups.

We're replacing our Republic with a Kleptocracy.

I find the practitioners and enablers of this brand of socialism-by-proxy spectacularly brazen, repugnant, and disastrously ignorant of economics.
Wages and prices send out critical signals to all of us. If truck drivers make more than paralegals, the signal being sent out is that truck drivers are either less abundant than and/or more needed than paralegals.

Tinkering with these signals will, without exception, cause a shortage of labor in the underpriced profession as potential truck drivers will not be enticed into the trade due to a wage that does not adequately compensate them for their skills and risks. It is these shortages (and offsetting surpluses) that lead to the systematic wasted productivity inherent in all socialistic systems.

Productivity drives income therefore, lost productivity translates into lost income.

The shocking thing is that leftists like Mrs. Clinton are either unforgivably ignorant on how economies work or know this going in but choose to exploit the special interest mechanism in order to attain power.

It is the latter that makes her and her ilk so distasteful to me. But in the words of Lenin, "Democracy is indispensable to socialism."