bernie sanders $30 trillion
Lefty darling Alexandria Ocasio-Cortez loves it, as does Sen. Bernie Sanders (I-VT).
And it’s ruinously expensive. The $17 trillion in Medicare For All offsets would fund approximately half of that program.
Only the insufferable and urban-based professional Left likes this garbage policy, which by the way isn’t working Insane: Seattle Moves to Abolish Entire Police Force
Townhall.com is the leading source for conservative news and political commentary and analysis.With the Epstein Documents Unsealed, The FBI Is Dragged Back into the Limelight...And It's Not GoodInsane: Seattle Moves to Abolish Entire Police ForceSCOTUS Just Gave President Trump's Border Wall a Nice Assist Oh, So a School District's Stance on Re-Opening in the Fall Is Grounded in County-Level Support of TrumpDriver Who Shot Protester In Austin Speaks Through AttorneyDr. Single-payer is a core tenet of left wing Democrats.
Trillion-dollar proposals to hike K-12 spending and infrastructure (beyond the Green New Deal) do not appear in the document either.Much of the $42 trillion in listed savings are an illusion. Realistically, the campaign remains more than $50 trillion short of paying for its promises, which—combined with the underlying $13 trillion baseline deficit—could push budget deficits beyond 20 percent of the economy.
It’s health care for all people. It resonates with brain-dead Millennials who don’t know their a** from their elbow. Fauci: 'There's No Inconsistency' in Banning Church and Business But Allowing Mass ProtestsBill Clinton denies ever visiting Jeffrey Epstein's private island
Some estimates are flatly contradicted by the Congressional Budget Office and other neutral scorekeepers, while others do not reflect any conventional economic analysis.Sanders’ list of pay-fors adds up to $42 trillion over the decade—which covers less than half of the spending under his plan. Bernie Sanders, the clear front-runner for the Democratic presidential nomination, was asked over the weekend how much his various plans would cost if implemented. Even adjusting for state savings from Medicare For All, this spending spree would push total government spending at all levels to just under 70 percent of GDP –If these figures seem too high to be plausible, note that no European government has nationalized a health system that cost nearly 20 percent of its economy, or implemented anything like the $15 per hour government job guarantee.Sanders’ claims that he can pay for his agenda are not at all plausible. The cost is the same as it ever was at $30+ trillion (via Sen. Bernie Sanders' "Medicare for all" plan would increase government health care spending by $32.6 trillion over 10 years, according to a study by a university-based libertarian policy center.The latest plan from the Vermont independent would require historic tax increases as government replaces what employers and consumers now pay for health care, according to the analysis being released Monday by the Mercatus Center at George Mason University in Virginia. SandersMany of these spending estimates come directly from the Sanders campaign. He didn't know. It doesn’t come close.First, it is worth noting that Sanders’ spending promises total as much as $97.5 trillion over the decade. And he … Bernie Sanders’s $32 trillion Medicare-for-all plan is actually kind of a bargain .
Sanders assumes $3 trillion can be raised from the fossil fuel industry—which reflects nearly all their profits, and exceeds theHis estimated wealth tax revenues are 50 percent above those ofAny credible economist will assert that raising taxes by $30 or $40 trillion would substantially harm entrepreneurship and economic growth, which would dampen the new revenues.
Democratic presidential candidate Bernie Sanders has been remarkably consistent about his democratic socialist vision to remake the country. The $30 trillion government job guarantee (and its offsets) do not appear in his fact sheet, although Sanders assumes that the Green New Deal will increase private sector energy jobs by 20 million (even as fossil fuel employment collapses).
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