By now, a good number of voters have seen this video where CNN’s Jake Tapper attempts to press Congressional candidate Alexandria Ocasio-Cortez about how she intends to pay for the generous government handouts that spearhead her platform. Perhaps more people need to see it as it’s a glaring display of fiscal ignorance.
It’s a question that needs to continue to be asked, not just of Ocasio-Cortez but of all the socialists out there running for office or promoting the untenable economic plan. Unfortunately, we haven’t actually seen a plan. We hear the promises of all the freebies we’ll get. We hear the claim that they can pay for it by taking money from the rich. Yet, we still haven’t seen anything close to the mathematics behind it or the plan to make it a reality.
This slice of an interview is a microcosm of the socialists’ biggest problem. They’re able to account for a minuscule portion of the price tag attached to their grand plans but they invariably divert and redirect any time they’re pressed on the most basic of questions: how are you going to pay for it. In this case, Ocasio-Cortez has to strain every penny from every rich person they can find in America to pay a mere 5% of what she’s promising.
Somehow, this isn’t reaching enough people. They love what they hear when they’re told they get free stuff, but they immediately plug their ears and block off the reasoning portion of their brain when details are discussed. There’s no such thing as free and despite claims the rich people can give their “fair share” to pay for it all, it simply can’t add up.
$40 trillion is a lot of money even spread over a decade. It’s more than we’re expected to take in over the next decade in total tax revenue. That means if we didn’t spend a penny on things such as defense, education, housing, community, running the government itself, or anything else other than the socialists’ agenda, we still wouldn’t have enough to pay for it all. We would need to more than double our current tax revenues.
No, that cannot be done by bleeding the rich no matter how fuzzy the socialists make their math.
Political news hounds are aware of the $38 trillion problem Ocasio-Cortez and other socialists have, but the masses in America have no idea. It’s up to all of us to spread the word and make them aware no matter how deeply they bury their heads in the sand.