Fellow Patriot: The voluntary financial generosity of supporters like you keeps our hard-hitting analysis coming. Please support the 2024 Year-End Campaign today. Thank you for your support! —Nate Jackson, Managing Editor

August 1, 2018

Being a Socialist Means Never Having to Say You’re Sorry

Democrats aren’t interested in who pays for things, because their ultimate solution is that nobody pays for things.

“So, how are you planning to pay for that?”

This should be the first question asked about any political program. Unfortunately, it’s not. And that’s why Sen. Bernie Sanders, I-Vt., and congressional candidate Alexandria Ocasio-Cortez, D-N.Y., are thought leaders for their parties.

Take Sanders. He has been promoting his “Medicare for All” slogan for years. The left loves it. Among the top Democrats who have embraced this slogan are Sen. Cory Booker, D-N.J., Sen. Elizabeth Warren, D-Mass., Sen. Kamala Harris, D-Calif., and Sen. Jeff Merkley, D-Ore. Most of those senators want to run for president. So they understand that Sanders’ bumper sticker policy is popular on its face.

There’s only one problem: Nobody asked that first question. This week, Charles Blahous of the Mercatus Center at George Mason University released a study taking a look at the cost of Sanders’ preferred program. The total: $32.6 trillion over 10 years. Over that same period, our total federal spending is projected at $56 trillion — and we’re already racking up debt like there’s no tomorrow on that budget. That means that we could double our taxes at every level and still not come close to covering Sanders’ program.

Sanders responded to this unfortunate news by attacking the study, blaming the nefarious Koch brothers for sponsoring Blahous’ basic math. There’s only one problem: The Urban Institute, a left-leaning outlet, estimated the cost at $32 trillion. So this isn’t a right-left problem. It’s a basic math problem. Sanders doesn’t understand basic math.

Or, more accurately, he doesn’t care about it. And he’s not alone. Ocasio-Cortez recently embarrassed herself on this same topic. When asked about how she would pay for her program of free Medicare for All, college tuition and housing, she explained that we could just raise the corporate tax rate to 28 percent and close some loopholes, and “that’s $2 trillion right there.” Which would pay for … approximately seven months of Medicare for All. Then, Ocasio-Cortez explained that she’d find money by cutting the defense budget ($700 billion per year), which would still not cover Medicare for All. And she’d create a carbon tax, which could crush industry, leading to lesser tax revenue.

But Democrats aren’t interested in who pays for things, because their ultimate solution is that nobody pays for things. Yes, really. According to Stephanie Kelton, professor of public policy and economics at Stony Brook University — and a Sanders 2016 advisor — we can simply pay for things by paying for things. She says the only limit on spending is inflation. Even Paul Krugman of The New York Times has called this idea foolhardy: Inflation is inevitable once people realize that the government is literally just printing money to spend it, and once people begin socking away cash in order to avoid the exorbitant taxes they’re sure will come.

The good news for Democrats is that nobody asks the key question. Even Republicans don’t, which is why they spend trillions of dollars of their own. And so long as nobody is asking the question, Sanders and Ocasio-Cortez will be the future of the country … until we run out of money.

COPYRIGHT 2018 CREATORS.COM

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 Tunnel to Towers Foundation, 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.