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Democratic Socialism: Who Knew That 'Free' Could Cost So Much?
investors ^ | 08/08/2018 | N/A

Posted on 08/09/2018 6:17:50 AM PDT by ChicagoConservative27

Socialism: Since the Democratic Party took a turn for the worse toward so-called democratic socialism, the party's leading lights have laid the promises on pretty thick. Free Medicare for all! Guaranteed income! Guaranteed jobs! Subsidized housing! Free college! Universal pre-school! Wow, and all for free.

Well, not exactly. In a devastating piece that appeared on the left-of-center web site Vox (to its credit), Manhattan Institute fellow Brian Riedl went through the simple math of what free actually costs. It's a lot.

It's not just the free aspect, but the fact that the democratic socialists have made so many promises that must be paid for that will make it so tough to swallow for most voters.

Riedl looked at the 10-year costs of all the various promises made by Bernie Sanders, Alexandria Ocasio-Cortez, and other self-described democratic socialists. He was as generous as could be in his estimates, often accepting the democratic socialists' cost estimate even when it was patently and absurdly too low. It's quite a laundry-list of promises with enormous costs: "Free college" ($807 billion); Social Security expansion ($188 billion); single-payer health care ($32 trillion); guaranteed jobs at $15 per hour plus benefits ($6.8 trillion); infrastructure ($1 trillion); student loan debt forgiveness ($1.4 trillion).

(Excerpt) Read more at investors.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: cost; democratic; dncplatform; dncstrategy; free; socialism
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To: Timocrat
The American Socialist Workers and Ignorami Party ?

The American Society of Socialist Workers and Ignorami Party Establishment (ASSWIPE)

21 posted on 08/09/2018 7:07:58 AM PDT by ClearCase_guy (The MSM is in the business of creating a fake version of reality for political reasons.)
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To: Arlis
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22 posted on 08/09/2018 7:31:59 AM PDT by HotHunt
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To: BwanaNdege
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23 posted on 08/09/2018 7:33:27 AM PDT by HotHunt
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To: JGPhila

Its like were living in Atlas Shrugged.


24 posted on 08/09/2018 7:41:37 AM PDT by afterhoursarmory
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To: ChicagoConservative27

“Socialism: Since the Democratic Party took a turn for the worse toward so-called democratic socialism, the party’s leading lights have laid the promises on pretty thick. Free Medicare for all! Guaranteed income! Guaranteed jobs! Subsidized housing! Free college! Universal pre-school! Wow, and all for free.”

The first question for any politician who promises all that should be, “If I get all that for free, why on Earth would I need or want a job?” No one with everything free and a guaranteed income would be stupid enough to want a job too.


25 posted on 08/09/2018 9:37:34 AM PDT by RipSawyer
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To: RipSawyer
The first question for any politician who promises all that should be, “If I get all that for free, why on Earth would I need or want a job?”

Because if you don't take it we'll declare you a Social Parasite and toss you into the gulag.

That's how the Soviets answered that question anyway.


26 posted on 08/09/2018 9:47:12 AM PDT by Buckeye McFrog
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To: afterhoursarmory

“Its like were living in Atlas Shrugged.”

Only the names have been changed to protect the guilty.


27 posted on 08/09/2018 10:11:20 AM PDT by RipSawyer
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To: ChicagoConservative27

Free ticket to Venezuela...


28 posted on 08/09/2018 11:51:40 AM PDT by Jack Hammer
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To: Buckeye McFrog

Hyperinflation here we come!!!!


29 posted on 08/09/2018 12:00:39 PM PDT by Wildbill22 ( They have us surrounded again, the poor bastards- Gen Creighton William Abrams)
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To: ChicagoConservative27
As Venezuelans, Zimbabweans and Nicaraguans are now discovering, once socialists control things, they never give up power peacefully.

Socialism cannot be imposed without a violent revolutionary act. "Democratic" socialism merely puts that act off for later.

30 posted on 08/09/2018 12:14:02 PM PDT by Billthedrill
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To: ChicagoConservative27
Riedl looked at the 10-year costs of all the various promises made by Bernie Sanders, Alexandria Ocasio-Cortez, and other self-described democratic socialists.


31 posted on 08/09/2018 1:46:05 PM PDT by Oatka
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To: HotHunt

Because she doesn’t speak Spanish?


32 posted on 08/09/2018 7:28:33 PM PDT by Arlis
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To: Arlis

¿No habla Venezuelan, eh?


33 posted on 08/09/2018 8:57:04 PM PDT by HotHunt
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