We’re currently witnessing one of the greatest attempts at mass bribery in history. With each passing week the Democrats running for the 2020 nomination offer yet another bribe for winning more votes.
The most recent is Senator Kamala Harris’s $100 billion dollar plan for black home ownership. But this is child’s play compared to everything else the Democrats have either proposed or endorsed.
Consider the 10-year cost estimates for some of the major plans that most, if not all, of the potential 2020 nominees have already embraced: Medicare for All, otherwise known as socialized medicine, is $32.6 trillion. The Green New Deal, also known as coercive environmental socialism, is $93 trillion. Universal basic income, in which people would become paid wards of the state, is $38 trillion. Slavery reparations would cost $14 trillion, but once that Pandora’s box is opened, where do you actually draw the line and decide who would get money and why? As for erasing college debt and free college, that’s about $2.4 trillion in the first decade—which counts as “modest” in this context.
The cost of all of those plans combined in the first 10 years is $180 trillion. That’s just one decade. Consider the fact that many government run programs are nowhere near actual estimated costs but typically run well over.
In what world do Democrats live? It’s definitely not the world of reality.
It’s hard to get perspective on how massive $180 trillion is. It’s almost nine times our current national debt of $22 trillion, and that’s also a hard figure to grasp. If you want perspective on even what one trillion dollars looks like, one could spend $1 million a day from the birth of Christ until now and still not have spent $1 trillion. Now multiply that by 180. There’s not even enough Monopoly money currently in circulation to put a dent into $180 trillion. (Trust me, I did the math: 215,000,000 estimated Monopoly games have been sold, with the standard game containing $20,580 per game.)
Alexandria Ocasio Cortez, that great economic genius, has proposed we pay for all of this with the simple trick of just printing more money, because—of course—governments can print as much money as they wish. So let’s run those printing presses 24/7 and pay for it all; ain’t life grand?
Except that’s not how it works, as most mature adults know. In short, fiat money only has value if people perceive that the government printing the money is sound and has a strong economy—that is, the permanence and economic resources required actually to back the value of the money. Moreover, that country has to continue generating real wealth and productivity.
You don’t create value by printing trillions of dollars. All you do is kill a lot of trees and create hyperinflation. Ocasio-Cortez would do well to observe Venezuela where money has been devalued by massive inflation, or 1920s Weimar Republic Germany, where the government printed up massive amounts of paper money and people were paying for a loaf of bread with literal wheelbarrows of money because the Deutschmark had almost no value.
In a normal world, with a real mainstream media interested in giving the American people the truth instead of propaganda, these Democratic candidates would be treated more as inmates on leave from the insane asylum than as serious people. Honest and competent journalists, who would actually know something about history and economics and monetary policy, would be perplexed, even astounded, by the madness being proposed.
Instead, the leftist propagandists masquerading as journalists and reporters are working overtime to act as though there’s nothing unusual about any of this. They are far more interested in continuing their reprise of the role of the deranged Captain Ahabs in pursuit of the great white whale, Donald Trump, than in the inconvenience of tracking down real news.
What Democrats propose would be catastrophic and a complete change from anything that has ever been understood as real policy in this country. Forget foreign powers bringing us down and destroying the greatest constitutional republic the world has ever known: if left to their own devices, the Democrats can and will do that all on their own.
Add to their crazy fiscal policies their ideas to do away with the Electoral College, pack the Supreme Court, and open our borders to unlimited immigration, and one would be forgiven for thinking they are deeply un-American, every last one of them.
This is what’s at stake in 2020: who will we be as a people in the years and decades to come. Donald Trump has made it clear that in all things he puts Americans first and last. Democrats? Who knows who these Democrats are running to represent and or in what country they think they’re running for president? Apparently it’s not to represent the American people and their best interests.