Patriots: For over 26 years, your generosity has made it possible to offer The Patriot Post without a subscription fee to military personnel, students, and those with limited means. Please support the 2024 Patriots' Day Campaign today.

October 29, 2019

Warren’s $4.2 Trillion ‘Free’ Stuff

Adding up all of the Democrat’s proposals yields some really eye-popping numbers.

Democrat presidential candidate Elizabeth Warren is never at a shortage of ideas — making college “free,” Medicare for All, expanding Social Security, ramping up subsidized housing, and converting to a “clean energy” economy just to name a few. But all that “free” stuff is going to be unbelievably pricey, especially when put together.

Warren has tried to outbid opponent and fellow socialist Bernie Sanders by doing little more than one-upping the gifts that he promised to voters. And thanks to years of indoctrinating public-school kids into believing that the government exists to give them “free” stuff, Warren is giving Joe Biden — pardon the pun — a run for his money.

Low-information voters who are easily distracted by bright, shiny objects make it very easy for politicians like Warren. She knows only that she wants to remake America into a socialist paradise. (Don’t let the media fool you, Warren is no capitalist).

How Warren intends to pay for her massive income-redistribution schemes is another matter entirely. Those who claim she doesn’t know are missing the point. Warren definitely knows how she will pay for all her programs; she always has. Significantly higher taxes across the board and even more massive deficit spending. How else does the modern federal government pay for anything?

Just for fun, though, it’s worth taking a closer look at the bill Warren plans to foist on the American public should she win the presidency. We’ll start with the small stuff, which includes a $200 per month across the board increase for Social Security recipients at $150 billion. Canceling all existing student-loan debt and establishing “free” public colleges would cost $125 billion. Ramping up housing subsidies has a price tag of $50 billion. Universal child care, $145 billion. Converting to a “green energy” economy would burn roughly $300 billion. And, of course, there’s Medicare for All, which is being lowballed at $3.4 trillion every year.

Add all this up and it comes to roughly $4.2 trillion of even more spending. Per year. Each and every year, Warren’s programs would double the federal budget. The budget is already averaging a $1 trillion annual deficit that no one in Washington cares to notice — Warren least of all, because she “has a plan” on how to pay for all this. Except that no, she doesn’t, even if she does plan on taxing the country within inches of its economic life.

Wealth surtaxes of 2% on fortunes above $50 million, and 3% on fortunes over $1 billion are just for openers. Corporations with profits above $100 million would pay a 7% surtax, and incomes over $250,000 will face an additional 14.8% payroll tax. Warren will also rollback all of the Trump tax cuts, including the middle-class cuts that she says don’t exist.

According to Warren’s static model, her massive tax scheme to cover her massive spending scheme makes it all revenue neutral. No such thing. There is no way that individual investors and corporations will continue operating as before when newly subject to such massive taxes. They will move their money, their factories, and their business to other countries with a more amenable economic climate. Private investment will dry up, and so will business investment and innovation. It’s happened before, and it will assuredly happen again. The inevitable shortfall will be “covered” by raising taxes on the middle class, which will already be paying higher consumer prices after Warren’s pro-“green energy” policies take effect.

Warren hopes to completely reverse gains Donald Trump has made for America. Her policies will disrupt the economy, increase the size and power of government, and take us further down the proverbial road to socialism serfdom. You’ve been warned.

Who We Are

The Patriot Post is a highly acclaimed weekday digest of news analysis, policy and opinion written from the heartland — as opposed to the MSM’s ubiquitous Beltway echo chambers — for grassroots leaders nationwide. More

What We Offer

On the Web

We provide solid conservative perspective on the most important issues, including analysis, opinion columns, headline summaries, memes, cartoons and much more.

Via Email

Choose our full-length Digest or our quick-reading Snapshot for a summary of important news. We also offer Cartoons & Memes on Monday and Alexander’s column on Wednesday.

Our Mission

The Patriot Post is steadfast in our mission to extend the endowment of Liberty to the next generation by advocating for individual rights and responsibilities, supporting the restoration of constitutional limits on government and the judiciary, and promoting free enterprise, national defense and traditional American values. We are a rock-solid conservative touchstone for the expanding ranks of grassroots Americans Patriots from all walks of life. Our mission and operation budgets are not financed by any political or special interest groups, and to protect our editorial integrity, we accept no advertising. We are sustained solely by you. Please support The Patriot Fund today!


The Patriot Post and Patriot Foundation Trust, in keeping with our Military Mission of Service to our uniformed service members and veterans, are proud to support and promote the National Medal of Honor Heritage Center, the Congressional Medal of Honor Society, both the Honoring the Sacrifice and Warrior Freedom Service Dogs aiding wounded veterans, the National Veterans Entrepreneurship Program, the Folds of Honor outreach, and Officer Christian Fellowship, the Air University Foundation, and Naval War College Foundation, and the Naval Aviation Museum Foundation. "Greater love has no one than this, to lay down one's life for his friends." (John 15:13)

★ PUBLIUS ★

“Our cause is noble; it is the cause of mankind!” —George Washington

Please join us in prayer for our nation — that righteous leaders would rise and prevail and we would be united as Americans. Pray also for the protection of our Military Patriots, Veterans, First Responders, and their families. Please lift up your Patriot team and our mission to support and defend our Republic's Founding Principle of Liberty, that the fires of freedom would be ignited in the hearts and minds of our countrymen.

The Patriot Post is protected speech, as enumerated in the First Amendment and enforced by the Second Amendment of the Constitution of the United States of America, in accordance with the endowed and unalienable Rights of All Mankind.

Copyright © 2024 The Patriot Post. All Rights Reserved.

The Patriot Post does not support Internet Explorer. We recommend installing the latest version of Microsoft Edge, Mozilla Firefox, or Google Chrome.