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Thomas Gallatin / Jul. 23, 2019

Warren Hopes for Economic Doom

She holds out the promise of economic "security" in exchange for giving up individual freedom.

Democrat presidential candidate Sen. Elizabeth Warren (MA) warned on Monday that an “economic crash” is coming. She then touted her prophetic abilities by claiming, “I warned about an economic crash years before the 2008 crisis, but the people in power wouldn’t listen.” She continued, “Now I’m seeing serious warning signs in the economy again — and I’m calling on regulators and Congress to act before another crisis costs America’s families their homes, jobs, and savings.”

Warren begrudgingly acknowledges that the economy is currently doing well (darn it, she might add), but she repeated her phony debate line that most people aren’t feeling it. She insists, “For most people, wages haven’t gone up in a generation,” while at the same time the cost of housing, health care (thanks to ObamaCare), child care, and higher education has “gone through the roof.”

“Warning lights are flashing. Whether it’s this year or next year, the odds of another economic downturn are high — and growing,” Warren predicts. And what is Warren’s solution to this impending economic crisis? Well, like any good socialist, it’s a recipe chock-full of increases in Big Government programs and centralized control with the promised outcome of ever more “free” stuff. Warren derides the free-market economy for supposedly failing to provide for the middle class, while at the same time promoting a litany of high-cost policies such as a $15 minimum wage, forgiving billions in student loans, and her so-called Green Manufacturing Plan, all of which would bring about increased taxation and regulation. And the dirty little secret is that none of the ostensible benefits will ever be realized.

Warren and her fellow Democrats want a bad economy because they want to win in 2020 and beyond thanks to the votes of as many government dependents as possible. Democrats devise a system in which they are the “benevolent” plutocrats ruling over the rest of us who cannot be trusted to provide for our own welfare or trusted with freedom to make our own decisions apart from their “guiding” hands. What Warren preaches and presents is the antithesis of the American Dream, and she’s playing on fear and envy to convince people to drink the poison she’s offering.

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