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Economy

If California adopts single-payer, I’ll finally leave the state

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It’s mildly ironic that on the 10th anniversary of me taking up residence in the state of California, I’m seriously considering moving my family out. It’s not the outrageous cost of living nor the left-leaning nature of the state even in the “conservative safe haven” of Orange County. Sacramento is now pushing for single-payer health care. If that makes it in, I’ll finally move out.

As is often the case with liberal ideas, the fantasy surrounding the proposal is so outrageous that many in the state will stick their heads in the sand (even further than they already do) and love on the idea while ignoring the consequences. They’re calling for free… everything: no copays or deductibles. This is why it has a chance of succeeding. People will hear that and instantly rejoice.

Of course, “free” is never free. You might be wondering how much this proposal will cost California tax-payers. The current budget is $183 billion. That’s a lot of money and it’s made possible by outrageously high taxes on residents and businesses. To make this single-payer plan work will require $400 billion per year. Yes, this plan will more than triple the current budget.

Let that sink in. I’ll wait.

I’m not rich but my revenue is above average. Even so, I’d by crushed by further increases in state taxes. No thank you.

As Aaron Bandler noted on DailyWire:

California already faces a $1.6 billion budget deficit this year, but the state’s debt problems are actually much worse than that, as the state faces unfunded liabilities of almost a trillion dollars. Given that the Tax Foundation has already ranked California as having the sixth-highest tax rates in the nation, the ensuing tax rates from implementing a single-payer healthcare bill system would be even more onerous and cripple the state’s economy.

The problem with creating utopia is that reality eventually kicks in and the attempted utopia turns into a living nightmare, which is why states that have tried to implement single-payer have failed to do so. The price tag of the bill being put forward in the state senate suggests the same will be true for California.

The left is great at selling a dream. They’re like the junior high student council candidate who tells people how awesome it will be when they have Pepsi coming out of the water fountains. They’re in the business of making promises and blaming others for the consequences. No state exemplifies this better than California. I fear I may have to abandon the nice weather to find greener pastures soon.

Christian, husband, father. EIC, NOQ Report. Co-Founder, the Federalist Party. Just a normal guy who will no longer sit around while the country heads in the wrong direction.

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Economy

Obamanomics damaged the economy, and Trumponomics isn’t fixing it

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While Trump and the GOP want you and me to believe that Trumponomics has singlehandedly saved the US economy by reducing taxes and creating jobs, the reality for those of us living in the real world is quite different.

It was Mark Twain who once said, “There are three kinds of lies: lies, damned lies, and statistics.” When it comes to politicians in an election year, Mr. Twain could have been describing the Washington establishment owned and operated by the Republicans and Democrats.

No doubt you’ve heard the much-ballyhooed news that unemployment has dropped to its lowest level since 2000, coming in at 3.9%. But just as it was when Obama manipulated unemployment numbers to cover his pathetic economic policies, this recent jobs report has been manipulated to hide the truth about our very unhealthy economy.

Unemployment numbers can change for any number of reasons:

  1. People move from the unemployed category into the employed category
  2. The number of employed grows faster than the number of unemployed
  3. You simply add people to the employed category without changing anyone’s status
  4. You simply stop counting people in the unemployed category, making them magically disappear

When we consider that the number of jobs added in April was 164,000 while the number of unemployed dropped by 239,000, we can conclude that reason #4 is how the latest unemployment rate was manipulated to make things look better than they really are. Unemployment went down because the labor-participation rate fell to 62.8 percent after being 63 percent in February and 62.9 percent in March. Three consecutive months of declines.

Quite simply, when you are no longer working or looking for work, the government no longer includes you as a part of the equation to calculate the unemployment report.

Meanwhile, Trumponomics is also creating a slower growth rate than Trump is claiming while his tax cuts and record government spendingdespite the recent rescission cuts—is creating another threat to the US economy, an apocalyptic debt spiral adding trillions to the already unsustainable national debt.

Obamanomics caused a great deal of damage to the US economy, but Trumponomics isn’t doing anything to repair it; in fact, Trump’s plan will likely destroy what’s left of it.


Originally posted on The Strident Conservative.

 

David Leach is the owner of The Strident Conservative. His daily radio commentary is distributed by the Salem Radio Network and is heard on stations across America.

Follow the Strident Conservative on Twitter and Facebook. Subscribe to receive podcasts of radio commentaries: iTunes | Stitcher | Tune In | RSS

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Democrats

Forget lowering unemployment, Bernie Sanders will eliminate it!

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During his 2016 Democrat primary campaign, Bernie Sanders was “absolutely sympathetic” to the idea of a universal basic income; however, he felt that his plans for a $15/hr. minimum wage, expanding Social Security to pay for guaranteed healthcare, and providing free college would do more than creating just another government handout.

But now Bernie has apparently found a way to accomplish his goals as well as the goals of the universal basic income crowd.
Yesterday, we learned that the self-proclaimed Democratic-Socialist is ready to announce a plan that will guarantee every American “who wants or needs one” a lifetime government job paying at least $15/hr. and proving paid family and medical leave plus retirement, health, and vacation benefits.

While the details are still being worked on, Bernie has admitted that he currently has no idea exactly how much his plan will cost or where the money to pay for it will come from. However, if his 2016 campaign is any indication, the cost will be irrelevant, and the money to pay for it will come from “the billionaires and oligarchs” he refers to as the “top one percent of income earners.”

While it would be tempting to shrug off Bernie’s plan as the rantings of a socialist loon living to the left of the left-wing, we should remember how his Marxist beliefs concerning income inequality caught fire with a generation of Constitutionally ignorant voters raised on the socialist ideology taught in today’s public schools indoctrination centers.

And a poll conducted during the 2016 primary season showed that a majority of millennials rejected capitalism.

Democrats would see a huge voter advantage by creating a new state-run workforce dependent upon them for their jobs. And politicians from both parties would have a new voter-bloc to advance their ideological and political agendas.

Bernie’s plan is being called a guaranteed-jobs program, but the only guarantee it gives us is the destruction of capitalism and Constitutional America.


Originally posted on The Strident Conservative.

 

David Leach is the owner of The Strident Conservative. His daily radio commentary is distributed by the Salem Radio Network and is heard on stations across America.

Follow the Strident Conservative on Twitter and Facebook. Subscribe to receive podcasts of radio commentaries: iTunes | Stitcher | Tune In | RSS

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Culture and Religion

PragerU: As the Rich Get Richer, the Poor Get Richer

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The rich are getting richer, and the poor are… also getting richer. What’s driving this wealth creation process? In this video, Daniel Hannan explains why it is capitalism — and capitalism alone — that has led to the unprecedented enrichment that is the central fact of Western life.

As the Rich Get Richer, the Poor Get Richer

Published: Apr 9, 2018

 

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