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Tuesday, September 24, 2019

Democratic candidates keep finding fresh ways to throw away our money

A trillion dollars here. A trillion dollars there. The Democratic candidates have unveiled yet another unaffordable socialist scheme that would make you pay more in taxes. Bernie Sanders, who wants to transform the United States into a Marxist fantasy, is touting a new “Housing for All” plan that is projected to cost taxpayers $2.5 trillion. “In the richest country in the history of the world, every American must have a safe, decent, accessible, and affordable home as a fundamental right,” the lawmaker said in a statement, adding that voters “need a homes guarantee.”

This utopian vision sounds nice until you realize that there is no such thing as free housing. Taxpayers will be forced to fund this gargantuan program one way or another. Sanders even admits that his new housing plan, which includes nationwide rent control, would also impose a 2 percent “empty home” tax on the property value of vacant residences. But as frightening as this $2.5 trillion housing initiative seems, it is not the only fiscally unreasonable proposal to come from Democrats in recent months. Sanders himself has already announced a $16.3 trillion climate plan that aims to destroy the fossil fuels industry and ban fracking.

Cory Booker, Kamala Harris, Amy Klobuchar, and Elizabeth Warren have touted similar progressive environmental policies with costs that would range between $3 trillion and $10 trillion. Even the leading “moderate” Democratic candidate, former Vice President Joe Biden, has proposed a climate plan that would cost at least $1.7 trillion. Of course, there is only one place where the candidates can get this much money to pay for their preposterous policies, and that is the money in your wallet.

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3 comments:

Anonymous said...

A vote for democrats is a vote against America.

Anonymous said...

How about we focus on the here and now. We are nearing a trillion dollar deficit for the FY, almost a trillion dollar deficit for the CY, and the CBO expects a trillion dollar deficit next year. Despite the economic growth, nothing has changed regardless of party.

Anonymous said...

Meanwhile, Bernie will still own several properties in nicer parts of town to be a self-appointed example of the evils of capitalism.