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 ...
The American Society of Socialist Workers and Ignorami Party Establishment (ASSWIPE)
Its like were living in Atlas Shrugged.
“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.
“Its like were living in Atlas Shrugged.”
Only the names have been changed to protect the guilty.
Free ticket to Venezuela...
Hyperinflation here we come!!!!
Socialism cannot be imposed without a violent revolutionary act. "Democratic" socialism merely puts that act off for later.
Because she doesn’t speak Spanish?
¿No habla Venezuelan, eh?
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