Posted on 07/31/2019 4:35:38 AM PDT by Kaslin
Never before have presidential candidates offered voters so much “free” stuff.
Kamala Harris wants you to “collect up to $500 a month.”
Elizabeth Warren says, “We need to go tenfold in our research and development in green energy.”
No one has tracked the cost of all of the promises. So my video team did!
Who will spend the most?
Here are the new spending proposals from the five most popular (according to ElectionBettingOdds.com) candidates.
In my latest video, we break it down by category, education spending first:
Joe Biden wants to “triple the amount of money we spend for Title I schools” ($32 billion) create “universal pre-K” ($26 billion), provide “free community college” ($6 billion per year) and double the number of psychologists and social workers in schools ($14 billion) — $78 billion total.
That’s a lot, but much less than what Kamala Harris would spend.
She too wants to “make community college free” ($6 billion), but she’d add debt-free “four-year public college” ($80.1 billion), “increase government’s investment in childcare” dramatically ($60 billion) and “give the average public school teacher a $13,000 raise” ($31.5 billion) for a total of $177 billion.
Pete Buttigieg rarely says what his proposals would cost, but he at least seems to want to spend less than Harris.
He touts “free college for low- and middle-income students” and would give teachers more money. Assuming his plan is like Harris’, that brings his education total to $87 billion.
Elizabeth Warren would spend much more.
“You’ll be debt-free!” she tells students. Taxpayers, unfortunately, will be deeper in debt, since she would “forgive” most existing student debt and make public college tuition-free ($125 billion).
She also wants a “Universal Child Care and Early Learning Act” ($70 billion).
These big-ticket items put her in the first place so far.
But wait! Bernie Sanders would spend even more.
He’d completely “eliminate student debt,” “make public colleges and universities tuition-free” and provide universal daycare and pre-K. That totals $280 billion, so Sanders “wins” in education spending.
Pete Buttigieg rarely says what his proposals would cost, but he at least seems to want to spend less than Harris.
He touts “free college for low- and middle-income students” and would give teachers more money. Assuming his plan is like Harris’, that brings his education total to $87 billion.
Elizabeth Warren would spend much more.
“You’ll be debt-free!” she tells students. Taxpayers, unfortunately, will be deeper in debt, since she would “forgive” most existing student debt and make public college tuition-free ($125 billion).
She also wants a “Universal Child Care and Early Learning Act” ($70 billion).
These big-ticket items put her in the first place so far.
But wait! Bernie Sanders would spend even more.
He’d completely “eliminate student debt,” “make public colleges and universities tuition-free” and provide universal daycare and pre-K. That totals $280 billion, so Sanders “wins” in education spending.
When it comes to the environment, all Democratic candidates but Biden say they support the Green New Deal, which Republicans say would cost $93 trillion. For our ranking, I went with the lowest estimate we could find: An economist who likes the idea says it will cost around $500 billion a year.
Welfare? Harris would increase benefits and have the government pay your rent if it’s over 30% of your income ($94 billion), and Friday she offered $75 billion to black colleges and minority entrepreneurs.
Warren wants to spend more ($50 billion) on housing.
Sanders would increase food stamps for kids ($10.8 billion), boost Social Security benefits ($19 billion) and guarantee everyone a government job ($158 billion), for a total of $187.8 billion.
President Donald Trump, who says America will never be a socialist country, hasn’t been a responsible spender either.
Since he took office, spending increased about $500 billion per year. Trump did propose some cuts, but when Congress ignored his cuts and increased spending, he signed the bills anyway.
Now he says he’d spend even more: $200 billion a year for infrastructure, $8.6 billion for the border wall construction, $1.6 billion for more NASA funding and on and on, for a total of $267 billion.
We can’t afford it! The federal government is already $22 trillion in debt -- $150,000 per taxpayer.
While Trump’s $267 billion is bad, the Democrats’ plans are worse. We counted $297 billion proposed by Biden, $690 billion from Buttigieg, $3.8 trillion from Warren, $4 trillion from Sanders and $4.3 trillion from Harris. That would double what the entire federal government spends now.
Senator Harris “wins” the free stuff contest.
Taxpayers lose.
I don’t understand the problem. They can always print more money.
bmp for later
This USED to be newspaper comic material and was unquestioned folk wisdom. I remember a 'Blondie' strip where she argued with a bank official about being overdrawn since she still had blank checks! What was once ruefully funny is now campaign promises by Presidential Candidates.
Do they still 'teach' or make available Aesop's "Ant & Grasshopper" fable? Or is that too much an artifact of Western Civilization?
bump
If America gets governmtnt run health care then the mass slaying of progressives must begin
A socialist America is not America. There must be war and massive deaths of the Ameritrash
No co existence
- We can run the printing presses full-out for as far into the future as the eye can see.
- No other country will call us on it as they are all in worse shape, and stand to suffer more from the consequences of doing that.
- Vote buying is a proven and effective strategy.
If you were a politician, why WOULDN’T you do it?
If spending taxpayer money is how you pay for”free” stuff, everything should be free already. We’re 22 trillion dollars in debt for crying out loud. And that doesn’t include the hundred trillion or so Socialist Security debt.
“Kamala Harris wants you to “collect up to $500 a month.””
That’s not going to cut it. I need much more than that. I’m look for better offers for my vote.
If that is the case, we should just do a $1,000,000,000,000 annual universal basic income. We could all buy 50 Bugatti Chirons a year and have plenty left over.
It is pretty much the case.
The fact that Republicans appear to have completely
stopped caring about the deficit should be your first clue.
Then they should go all in. Eliminate all taxes and institute a massive universal income. They’ll never lose another election.
Guess the Dem candidates are assuming that the chickens will never come home to roost. It would all work right up to the rapidly approaching point when it would all suddenly fall apart, taking everything & everyone with it. What do these Democrats use for brains? Or do they think nobody will ever look at their plans realistically?
Unfortunately, while we used to have a party that at least paid lip service to fiscal responsibility, that is out the window. The only question is whether we become the next Japan or the next Argentina.
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