Need to Know 7/30/18

How much will Democratic Socialism cost?  How about triple what our government costs now.  Over the weekend I mentioned how Ocasio-Cortez wants to raise taxes by $4 trillion to have an eco-friendly liberal economy.  Government guaranteed jobs comes in at another $543 billion.  A new study is saying universal healthcare through Bernie Sanders’ Medicare for All plan would cost another $3.2 trillion per year.  That’s makes for an annual budget of $12 trillion per year to cover the Democratic Socialist agenda.  The current budget is $4 trillion and we have annual deficits of about a half a trillion.  Extrapolating that out, we’d not just have to increase taxes 3x.  We’d also have to cover another 1.5 trillion dollar deficit.

How would you like to pay three times the taxes you are paying now and still have our government crushed with debt?

Study: Medicare for all completely unaffordable

President Trump is calling for a government shut down if Democrats continue to obstruct immigration reform.  But you need to remember how this works.  If a Republican Congress puts together a spending bill that Democrats obstruct, then it’s a Republican shutdown.  If a Republican President refuses to sign a bill that doesn’t take care of problems like immigration, then it’s a Republican shut down.  If Democrats can’t get enough votes to pass their agenda because Republicans are obstructing, then it’s a Republican shut down.  If Democrats control both houses and the Presidency, but can’t get their agenda passed, it’s a Republican shut down.  Basically, it’s always the fault of the Republicans.

Trump says fix it or shut it down

Trump’s tariffs have created odd bedfellows.  Democrats, who up until Trump did it supported protective tariffs, are now 100% anti-tariff.  Not really, but whatever it takes to win elections.  Meanwhile, the hated Koch brothers have signaled they will work with Democrats who oppose tariffs and support them.  So you have a Republican President who supports tariffs, Democrats who suddenly oppose them, and Libertarians who are going to put up money to elect Democrats who are anti-libertarian on everything but tariffs.  What a weird world we live in.  I wonder who Democrats hate more, Trump or the Kochs?

Koch brothers to back Democrats over tariff spat

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