Why I Don’t “Feel The Bern”
Bernie Sanders has turned the Democratic primary upside-down. A self-professed socialist and a registered Independent, Bernie Sanders has thrown off the Democratic establishment by running to the left of the already-liberal Hillary Clinton.
His impassioned rhetoric about ‘free stuff’ and the 1% has galvanized hard-lined liberals and is drawing huge crowds. There’s only one problem. His policies don’t make any economic sense.
Here’s the secret about Bernie Sander’s free college, free healthcare, Social Security-expanding rhetoric: it costs over $18 trillion. One of the first lessons from taking an economics class is that if a politician is promising you that something is “free,” they’re lying to you.
Nothing is free. Free is a lie. Bernie Sanders claims that he will make the rich pay for his expanded programs. However, numerous studies have shown that you cannot come close to funding these programs even if you tax the rich at 100% of their income. The reality is that you can’t just tax the rich.
Another Sanders solution to pay for his not-so-free stuff is to tax corporations even more. America’s corporate tax rate is already the highest in the entire Western world and the third highest of all countries (behind only Chad and the United Arab Emirates). The United States already tangles businesses up in excessive taxation, which is why we have one of the lowest rates of entrepreneurship in the Western world.
Bernie Sanders likes to talk about Scandinavia. At a recent Democratic debate, Sanders said, “We should look to countries like Denmark, like Sweden and Norway, and learn from what they have accomplished for their working people.”
Funny that he mentions that, because all of those countries have a dramatically lower corporate tax rate than the United States, and, as a result, have a much higher rate of entrepreneurship. Maybe we should become more like Scandinavia, as Senator Sanders suggests.
But instead, Bernie wants to raise our corporate taxes even more, resulting in even fewer new businesses and fueling the current exodus of American businesses to other countries with more business-friendly environments. When Sanders references Scandinavia, the senator shows that he doesn’t even understand his own socialism.
And by the way, corporate taxes won’t come close to funding 18 trillion dollars worth of programs, either.
The only way to fund all of Senator Sanders’ free stuff is to tax everyone. Not just corporations and the rich at exorbitant rates, but the working class. To fund $18 trillion in spending, Sanders would need to tax just about everyone. You’re not getting anything for free.
The only thing you’ll ‘#FeelTheBern’ of is your ridiculously high tax bill if Bernie Sanders becomes president.
Former Prime Minister of Britain Margaret Thatcher once said, “The problem with socialism is that eventually you run out of other people’s money.”
For Western Europe, this quote has become a reality. One of Bernie’s more prominent proposals is a government-run, single-payer health care system. This is the exact health care program that exists–and is currently collapsing–in most of Western Europe. Put simply, there isn’t enough money to fund it.
In Britain, the National Health Service is in particularly desperate shape. John Appleby, a leading British economist, recently said, “The [British] health service has run out of money and is operating at the very edge of its limits. There is now a real risk that patient care will deteriorate as service and financial pressures become insurmountably overwhelming.”
Waiting lists for single-payer health care have gotten so bad that many are coming to the United States for important surgeries. In Canada, another country with single-payer health care, the average patient must wait for over four months to see a specialist.
Many Canadians with serious and immediate illnesses have no choice but to come to the United States, or else they will literally die on their government waiting list. Bernie Sanders wants that to become America. Joy.
Bernie Sanders’ spending plan makes me think he would go out to dinner, order everything on the menu, and then disappear when the unaffordable bill comes. Senator Sanders spends, and we have to foot the bill.
Bernie wants to expand Social Security. He wants free college tuition. He wants millions of government jobs. He wants public financing of politicians (aka welfare for politicians). He wants free family leave. He wants to expand pensions. All of this costs $18 trillion in new spending. Who is paying for all of this? In case you haven’t already gotten the gist–it’s you!
Capitalism has created the largest middle class in the history of the world. Capitalism created the iPhone. Capitalism created the computer. Modern technology happens because of competition driven by human self-interest in the private sector. The only things socialism has accomplished are equality of misery and bankrupt countries.
Bernie Sanders paints a rosy picture of socialist policies. But across the globe, we see a different picture. Greece, crippled by debt from government programs, is in economic shambles. Russia, twenty years later, is still recovering from the damage caused by socialism. In Venezuela, a country scourged by socialism, people wait in long lines for hours just to get basic necessities such as soap and toilet paper. Across the world, socialism has always failed and continues to fail.
The famous philosopher George Santayana once said, “Those who cannot remember their past are condemned to repeat it.” Bernie Sanders supporters, open up your history books