(National Sentinel) Just Like Venezuela: The Democratic Party has been moving to the extreme Left for years, having really accelerated with Barack Obama’s election and eight years in office. Now, it appears as though the party has adopted socialism and Marxism as its official political philosophy, as we see more Democrats flock to the candidacy of Alexandria Ocasio-Cortez.
Promising free everything — higher education, healthcare, government assistance and guaranteed income — Ocasio-Cortez is developing quite a following, mostly from younger Americans swept up in the allure of getting without having to give.
But she hasn’t really discussed at length how she would pay for so much largess. Until this week.
In an interview with “The Daily Show,” host Trevor Noah played the devil’s advocate and asked Ocasio-Cortez how the country could afford to be handing out trillions and trillions of dollars.
Her rambling response says she would transform the United States into one giant Venezuela — massively in debt, dirt poor, destitute, and in chaos.
You always see people coming in with economic arguments, and they say, ‘Look, these numbers don’t really add up,’” [Noah] continued. “You know, in order to get health care for everybody, this is what it would cost. That is going to be troubling.”
“Even if you reverse the tax deal, that’s only 5 percent of what we need to pay for Medicare,” he claimed. “How do you pay for education and all these ideas?”
“This is an excellent, excellent question,” she replied. “There’s a lot of the back-of-the-envelope stuff based on our values. I sat down with a Nobel prize economist last week — I can’t believe I can say that, it’s really weird —” she commented, drawing laughter in the crowd.
(Ocasio-Cortez, by the way, recently drew heat for her “pants on fire” claim that unemployment was so low under President Trump because “everyone has two jobs.”)
“But one of the things we saw is, if people pay their fair share, if corporations and the ultra-wealthy — for example, as Warren Buffett likes to say, if he pays as much as his secretary pays, 15 percent tax rate, if corporations paid,” she said, trailing off, “if we reverse the tax bill, raise our corporate tax rate to 28 percent, which is not even as high as it was before, if we do those two things and close some of those loopholes, that’s $2 trillion right there.”
“So we have $2 trillion from folks paying their fair share, which they weren’t paying before the Trump tax bill,” she continued. “They weren’t paying that before the Trump tax bill. If we get people to pay their fair share, that’s $2 trillion in 10 years.”
“If we implement a carbon tax on top of that to transition and incentivize people away from fossil fuels if we implement a carbon tax, an additional amount, a large amount of revenue that we can have,” she added.
“Then the last key, which is extremely important, is reprioritization. Just last year we gave the military a $700 billion budget increase, which they didn’t even ask for! They’re, like, ‘We don’t want another fighter jet! They’re, like, ‘Don’t give us another nuclear bomb,’ you know?” she said.
Where to start?
First of all, she makes it clear (as other Democrats have, including Democratic presidential hopefuls like Sen. Elizabeth Warren) she wants to take away your tax cuts and reimpose jobs-and-growth-killing taxes on American businesses. This — after the economy hit a modern-day record of 4.1 percent growth thanks in large part to POTUS Trump’s and the GOP’s tax cuts and regulation-killing.
Two, “folks paying their fair share” of taxes — meant to attack even moderately well-off earners — is the biggest lie Democrats have ever told. “The rich” don’t just pay most of the income taxes, they pay all income taxes. You know what’s not fair? Americans who use the same infrastructure and government services, and are protected by the same federal law enforcement and military — but don’t contribute to their funding. But you can’t divide Americans by class and socioeconomic status with that truth bomb, which is what socialists/Marxists do.
Three, a carbon tax would kill industry, period. It’s a pipe dream (and a lie) at this point to suggest we can force a transition to “clean” energy that is expensive and unproven. It’s just not feasible. Fossil fuels run economies. Take them away or tax them into oblivion and you obliterate economies.
Lastly, her claim that the military received “a $700 billion budget increase” is a lie. The budget has gone up under POTUS Trump (who campaigned on rebuilding our military and recapitalizing it), but not by $700 billion. Also, her claim that “the military” doesn’t want certain systems is cherry-picking; overall, if you polled military leaders, the answer would be universal that Trump’s budget increases are not only desired but needed.
So what kind of America would we be left with if the country were governed by Ocasio-Cortez and others like her?
One giant Venezuela. And while we were crashing and burning, so would the rest of the world.
This woman represents a dramatic shift in the Democratic Party. That should scare all of us.