The scheme also initially promised “economic security” – aka free money – for all Americans who are “unable or unwilling to work,” but this particular bullet point was later removed after a public backlash. Unfortunately, a number of other politicians are proposing similar policies. Representative Pramila Jayapal (D-WA) recently introduced “Medicare for all” legislation that would replace private health insurance and move nearly all Americans, regardless of age, into Medicare. It would cover most health services and limit private insurance to supplemental benefits not covered under Medicare. Of course, Jayapal didn’t explicitly say how much the program would cost or how it would be funded... But some options include a wealth tax and higher marginal income tax rates. The reality is these measures alone wouldn’t come close to paying for even the most conservative cost estimates of this program, let alone free college, job guarantees, or any of these other proposed schemes. What these politicians won’t admit is that these programs would require significantly higher tax rates for all American taxpayers, as well as a complete “reset” of our entire financial system. History has proven again and again that the heaviest burden would fall not on the rich, but rather on hardworking, middle-class Americans. It’s unlikely these programs will become a reality under the current Congress and administration. But it looks increasingly likely these ideas will become a deciding factor in the 2020 elections... and a large and growing number of Americans are now in favor of them.
If you’re not concerned, you’re simply not paying attention.
Biden versus Beto versus Bernie...
Although neither have officially announced their candidacy, it appears that former vice president Joe Biden and former Texas representative Beto O’Rourke will be running for president in 2020. Last week, Biden teased the idea to the International Association of Fire Fighters... and Beto will be in Iowa – a key swing state – by the time we go to press. There are even rumors that he’s recruited a top political consultant in the state. As of March 10 this year, over 200 individuals have filed with the FEC to run for president in the 2020 Democratic primary. Of that 200, roughly 20 are either current or former members of congress. Despite his popularity, it seems unlikely that Beto has enough support to make it to the 2020 general election. And better-known candidates, like Vermont’s Bernie Sanders, are running on a similar if not identical platform. But then there’s Biden... In nearly every poll of the 2020 Democratic primary to date, Biden has come out on top... even in polls where Sanders once held the lead. This early in the campaign, these polls track little more than name recognition, but if it’s any indication of what lies ahead we could be in for one of the most contentious general elections yet... and in the age of Hillary, Trump, and Robert Mueller, we can only wonder, what could possibly go wrong ?
American Consequences 13
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