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Unicorn Debates Part 1   Leave a comment

Seventy-one percent of Americans say the economy is doing well, so why doesn’t Elizabeth Warren know this? Is it possible that she is so out of touch that she doesn’t know any ordinary Americans?

Tax capital at the same rate as income and you end investment in this country, not to mention you bankrupt retirees who are living on their capital investments. Tax rates of 70% were tried in the past and they worked for a while but eventually the economy slowed to a crawl. Anyone remember the 1970s?

How do any of these people plan to pay for these unicorns they’re promising? Pell grants drive up education costs. $15 an hour minimum wage caused a lot of jobs to end in New York City.

Automatic and same day registration – wow, nothing like totally uninformed voters making important decisions based on someone promising them the moon wrapped in rainbow bows by unicorns.

Booker is right about corporate consolidation, but generally you make more money working for a corporation than you do working for a small business. So take a pause and think about the unintended consequences for what you’re proposing. He’s also apparently unaware that the reason for corporate consolidation is federal regulation that favors larger businesses because small businesses can’t afford to pay the fees required to stay in business.

Women are paid fairly in this country, if you factor for the time we spend out of the workforce to have kids and for the fact that we take jobs that don’t pay as much as the jobs men take. “What they deserve?” How do you determine what they deserve?

I still like Tulsi Gabbard, but it bothers me that she is still in the military. I agree with her on foreign intervention, but if she’s in the military, I don’t know that she’s being honest about her viewpoint.

DeBlassio needs to acknowledge how many small businesses closed because of his $15 an hour minimum wage. Did he miss that working people in America voted Republican last time?

John Delaney actually sounds like he might know a thing or two. I’d like to hear him talk more about what he wants to do. How would he fix education – for example. Putting more money in workers pockets isn’t going to create more jobs, because the workers don’t create jobs.

Inslee – communist!

Tim Ryan – General Motors got a bail out from the OBAMA administration, not the Trump administration. And his “the bottom 60% hasn’t got a raise in 40 years” is fallacious.

So this is the “hate corporations” show. Here’s a concept. Remove all the business regulations and let the competitors drag the big corporations down. This forced economy crap will not work.

Abolish private insurance – great, so we’ll all have insurance and very few of us will be able to get medical care. Great! It’s a wonderful idea — if you like slavery and a 45% higher hospital death rate.

Do these people think Medicare is free? You pay all your working life to draw from it when you’re old. In order for us to pay for it, we would all have to pay about 60% of our income in combined taxes and insurance. Can you live on 40% of your income? I know I can’t. And I would have to pay that regardless of whether I need a high level of heath care. So they would bankrupt me for something I don’t need or want.

And Elizabeth Warren wants us to exchange fighting with insurance companies over the health care we need for fighting with government bureaucrats for that health care. How is that any better? I’ve just recently dealt with some government bureaucrats and, trust me, I’ve never had so much trouble with dealing with a health insurance company because I paid them money and they know that. They know they work for me. Our government doesn’t seem to know that. I’m not saying insurance companies shouldn’t be reformed, but that the government should be the last people to reform anything since they are so inefficient, rude and insolent themselves.

So, by and large, this debate was a waste of time — too short and too many participants to actually learn anything. I’m being snarky, but the fact is except for Tulsi Gabbard (who didn’t get to say much so the jury is still out) and John Delaney (who sounds good except I suspect he suffers from a little cognitive dissonance), none of these people has any economic good sense at all. So, onward until tomorrow night.

Posted June 27, 2019 by aurorawatcherak in politics

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