The Democratic Party is already hard at work putting together their platform for the 2020 presidential election, and let’s just say that Karl Marx would be super proud of all they want to accomplish.
In other words, the platform is a socialist’s dream. Apparently they want everyone to have lots and lots of “free stuff,” which we all know is impossible because nothing is really ever free. Someone is also footing the bill somewhere.
Sen. Bernie Sanders has developed a plan that would make college tuition free for students, which in reality means he plans on using $75 billion in taxpayer dollars for this “fee” college education. Tack this on to this 90 percent tax bracket and you have an economic disaster of biblical proportions just waiting to happen.
However, that’s just the beginning.
Socialist Alexandria Ocasio-Cortez, the 28-year-old former bartender who’s the darling of the mainstream media and touted by Democratic National Committee Chairman Tom Perez as the “future of our party” — has a plan for free health care for everyone.
Guess how much “free” costs: Try $32.6 trillion over 10 years, according to a new study. That averages out to $3.26 trillion a year — almost exactly what the government took in last year in total tax revenue!
Now along comes 2020 hopeful Sen. Kamala Harris (D-Californistan) with an even better plan: She wants to just give away cash. Harris said on Thursday than under her plan, families making less than $100,000 a year could receive up to $500, or $6,000 a year, and individuals making less than $50,000 could get $250 a month.
“Americans are working harder than ever but stagnant wages mean they can’t keep up with cost of living increases,” Harris said in a statement about her legislation, dubbed the Livable Income for Families Today (LIFT) Act.
“We should put money back into the pockets of American families to address rising costs of childcare, housing, tuition, and other expenses,” Harris said. “Our tax code should reflect our values and instead of more tax breaks for the top one percent and corporations, we should be lifting up millions of American families.”
Of course, Harris has yet to figure out what exactly her LIFT program is going to cost the average tax payer, but chances are, as with all big government programs, it’s going to put a sizable hole in the wallets of most American citizens.
Harris’s program is also known as “universal basic income,” an economic experiment that has been attempted in several foreign countries and has failed miserably every single time. the city of Stockton, California will be the first U.S. city to deploy UBI, supplying 100 residents with $500 a month for the next 18 months with zero strings attached.
The overall cost for the California program is in the ballpark of $900,000.
By doing a little simple math you can clearly see that if this program were rolled out on a national level it would end in a complete and total nuclear meltdown of the economy. It’s completely unsustainable. Hopefully this fails quickly and sinks any thought of rolling this out country wide.
Source: Daily Wire
Join the conversation!
We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse.
Sarah Sanders Shreds Acosta Like Never Before, & He Won’t Be Able to Recover
And boom goes the dynamite!
WATCH: Pence Stares Daggers Into Putin’s Soul, Warns About Election Meddling
WATCH: Confused Pelosi Can’t Talk: ‘We Will, Uh, Win 40, Uh, We Will Win 4, We Have…’
Speaker, uh, Speaker Nancy, uh, Speaker Nancy Pelosi.
Condi Rice: From GOP Secretary of State to NFL Cleveland Browns Head Coach?
Well, didn't expect to see THIS today...
Get Ready: Trump Preparing to Oust ‘3 or 4 or 5’ Cabinet Members (Details)
Big changes on the way...