President Sanders would quickly run out of other people’s money

posted at 6:01 pm on January 19, 2016 by Jazz Shaw

Say, do you remember that time when Vermont was going to use Obamacare as a jumping off point and build their own single payer health care system? Yeah, Bernie Sanders was all over that one at the time, promoting a socialist vision of the future which would finally see everyone taken care of equally. How did that work out again? (Washington Post, from 2014)

Vermont Gov. Peter Shumlin (D) has abandoned a years-long push for a universal health-care system in the state after budget analysts said the program would require what he called “enormous” new taxes…

But Michael Costa, Shumlin’s deputy director of health care reform, concluded the plan would have required an 11.5 percent payroll tax on all Vermont businesses and an income tax hike of up to 9.5 percent. Those taxes wouldn’t have covered transition costs to the new system, which would have amounted to at least $500 million.

The reason I asked at the top whether or not you remembered it is because Bernie Sanders sure doesn’t seem to. In fact, as this editorial from the Washington Examiner points out, he doesn’t really even want to talk about it at all.

When Andrea Mitchell asked the question, Sanders gave just the sort of weak answer you’d expect.

“Let me just say that you might want to ask the governor of the state of Vermont why he could not do it,” Sanders said. “I’m not the governor. I’m the senator from the state of Vermont.”

You might want to ask the governor? Would that be the Democrat governor you walked hand in hand with as you promoted this scheme? The fact that it failed has little or nothing to do with either Sanders or his governor, but with the reality that the entire plan was a pie in the sky, socialist dream which would have bankrupted the state in a single year and sent the taxpayers into open revolt.

The incident is worth bringing up today because, as the editorial board goes on to correctly point out, most of the proposals coming out of the Sanders campaign headquarters are cut from the same cloth. They are promises of the moon without enough fuel to even make it into orbit.

This all serves to illustrate the pie-in-the-sky nature of Sanders’ agenda. In addition to a $14 trillion healthcare plan, Sanders wants free college for all. He wants to add significantly to the subsidies for seniors’ prescription drugs. He wants to expand subsidies for solar and wind energy while ending all fossil fuel leases on federal lands. He wants to raise the minimum wage to $15. He wants to subsidize small farmers still further.

The problem is, it will be impossible for a President Sanders to keep such promises without running out of other people’s money to spend and promise. As his questioners pointed out on Sunday, Sanders’ agenda includes substantial tax increases on the middle class. Taken together, his plans that increase taxes by nearly $20 trillion over a decade.

This is socialism in a nutshell and kudos to the Washington Times editorial board for pointing it out so succinctly. Sanders has grand dreams for the nation, just as many socialist leaders no doubt did at the beginning of the revolutions in various other countries. But fulfilling them relies entirely on spending other people’s money at a massive clip with no provision for making up the shortfall. That $20T in taxes figure is probably a bit on the generous side from what I’ve been reading. It could, in reality, be far, far worse. And in all of the campaign speeches and debate performances, I’ve yet to hear Sanders seriously address the issue of the national debt. Sure, that may be because the moderators at Democrat debates don’t care to discuss such messy things, but when you’re pushing plans involving that amount of cash it seems as if you’d feel obligated to mention how you were going to pay for it, no?

For anyone seriously considering Bernie Sanders as a viable candidate these days, do try to keep this in mind. These are the empty promises one normally hears from the crackpot dictators of failing socialist states. It’s a shell game that the suckers always lose and the suckers are the citizens. Don’t be fooled again.

SandersLiberty


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Comments

Hillary had best get started on picking out drapes…
Tlaloc on August 10, 2015 at 3:49 PM

Schadenfreude on January 19, 2016 at 6:02 PM

Trump has the balls to call Sanders a “socialist slash communist.”

The others … they won’t come after Sanders with the bite and the instinct for the kill that Trump will.

anotherJoe on January 19, 2016 at 6:05 PM

Bernie is that irresponsible friend that everyone has. Nice to have around for comic relief and to assure yourself that you have it together. But you would not let him or her run a lemonade stand.

BuckeyeSam on January 19, 2016 at 6:05 PM

it’s called a printing press.

wolly4321 on January 19, 2016 at 6:05 PM

What’s another 20 Trillion in debt.

RickB on January 19, 2016 at 6:11 PM

What is different from Trump on this? His tax policy would be over $12trillion short of what it would otherwise be without his changes.

Social Security, medicare and medicaid insured by him.

Welfare protected.

Illegal aliens made into legal residents through an expedited legal process so they can keep doing jobs americans will not do.

More ethonol mandates.

Singlepayer healthcare that even a deep blue state said was too expensive.

Stimuless supporting.

Private Sector Bailout supporting.

Trade War instigating.

Yeah, I see him being able to pay for all this.

Constitutionalist on January 19, 2016 at 6:12 PM

Everyone with a job could send every dollar they earn to the government and it wouldn’t make a dent in the cost of Bernie’s laundry list of freebies.

fogw on January 19, 2016 at 6:12 PM

anotherJoe on January 19, 2016 at 6:05 PM

It doesn’t take balls to state the obvious. Bernie is a socialist/communist.

Misha on January 19, 2016 at 6:22 PM

President Sanders would quickly run out of other people’s money

You don’t say. All the young brain trusts who don’t see anything wrong with socialism are counting on him for their free stuff. Hey, we can make those evil one percenters pay for it all!

ghostwalker1 on January 19, 2016 at 6:25 PM

Well, these are the people trump haters want

The Notorious G.O.P on January 19, 2016 at 6:27 PM

quickly run out of other people’s money

It’s what Lefties do best.

major dad on January 19, 2016 at 6:29 PM

.
The democrats would sell Slavery today as a ‘free’ jobs program with ‘free’ housing, ‘free’ food, and ‘free’ health care.

.

cntrlfrk on January 19, 2016 at 6:29 PM

Well, sure, but I have had discussions with liberals who truly believe that the national debt does not matter. They seem to have ideas that it is not real. Just a little growth in the economy or inflation will wipe the debt out. Or, we can tax the 1% to pay for these things, which is fair, since they have so much money, and income inequality, or something. In the end, logic does not work with liberals.

Techster64 on January 19, 2016 at 6:32 PM

All socialist eventually do.

dentarthurdent on January 19, 2016 at 6:38 PM

That usually happens with the left’s national socialist agenda.

But just think about it, the US could be like a larger version of #Venezuela in a few years.

Just think of the fun of waiting line to buy food and toilet paper….

Torcert on January 19, 2016 at 6:41 PM

Yep, I can just see after 3 years of a Bernie or Donald presidency and a doubling of the national debt, billboards sprouting up with a picture of Kasich and the headline, “Miss me yet?’

vnvet on January 19, 2016 at 6:45 PM

So, about that $14T cost estimate over 10 years for Bernie-care…..
I’ve read the Vermont single-payer post-mortem report. Its estimate for the long term cost of the scheme was $5B annually. Vermont has about 615K citizens, or about 1/500th of the total US population. 500 x $5B would be $2.5T annually or $25T over ten years.
I need Sanders to explain how he is going to reduce health care costs by nearly 50% so that it only costs $1.4T per year while actually increasing the number of people covered and seeking care. Simply eliminating the profits and CEO salaries from insurance companies alone won’t do that. Most of the functions of insurance companies will still be required, so from where do the savings come? Wage controls in the health care field, i.e. pay physicians at European rates of $60K/yr? Pay nurses $30K/yr? Ration care and procedures?
Can’t wait to hear the details.

mdavt on January 19, 2016 at 6:52 PM

Just put on 50% tariff on everything imported from China. Problem solved.

DarkCurrent on January 19, 2016 at 6:55 PM

The reason the media spends so much time on Trump is to divert attention away from the fact that Democrats have gone so far to the extreme left that they are running open Marxists for US president! In my lifetime, Commie thugs with Sanders ideology vowed to bury us and the US Govt trained us to kill them and sent us overseas to do just that. While Reagan and GHWB were waging a brilliant war to defeat the evil Soviet Union, Sanders took his bride there on their honeymoon! If you thought Howard Dean was crazy – and he is – then Bernie Sanders belongs in a padded cell….along with much of the rest of the Democrat Party! Instead of promising a chicken in every pot….Sanders promise is a fruitcake in every closet! And Hillary Clinton is so corrupt she makes John Edwards look ethical!

devan95 on January 19, 2016 at 7:00 PM

What will the left do when the working people throw up their hands and quit work because of the high taxes? It won’t be just one tax increase.

docflash on January 19, 2016 at 7:01 PM

Jan 19, 2016 at 6:12 pm Constitutionalist
What are your thoughts on Reagan endorsing universal healthcare only to change tune later in the same span of Mr Trump? If it was Cruz vs Reagan I’m sure you’d attack his Democrat past and left coast Hollywood values as you cheered Goldwater on

LeeBelieu on January 19, 2016 at 7:12 PM

devan95 on January 19, 2016 at 7:00 PM

And the ‘pubs have Trump. What a country!

vnvet on January 19, 2016 at 7:12 PM

I had somebody the other day tell me how CEOs at fast food places gouged their employees, who are not even making enough to make ends meet. So as a test, I decided to look up one at random, and picked Taco Bell.

That led me to YUM! brands, which comprise Taco Bell, KFC and Pizza Hut. Their CEO supposedly made $22 million in 2013. Sounds like a lot, doesn’t it? Sounds like it supports the whole “CEOs steal the labor of the employees” narrative.

Until you look up the employee numbers.

There are 537,000 people working for YUM! brands. $22 million/537,000 employees is… forty dollars and 96.8 cents per employee…

…per year.

If you assume that the average employee of YUM! brands works 25 hours per week and 50 weeks per year, that comes out to…

3.3 cents per hour. For the full time employees, it’s less, around 2 cents per hour.

So when people make this argument, what they’re telling you is that there is no possibility that the CEO’s results are worth as much as 3.3 cents per hour to the average employee.

GrumpyOldFart on January 19, 2016 at 7:23 PM

What are your thoughts on Reagan endorsing universal healthcare only to change tune later in the same span of Mr Trump? If it was Cruz vs Reagan I’m sure you’d attack his Democrat past and left coast Hollywood values as you cheered Goldwater on

LeeBelieu on January 19, 2016 at 7:12 PM

8 years is greater than 4 years.
Between Reagan and Cruz I would choose Cruz who currently owns the education that Reagan provided.

Constitutionalist on January 19, 2016 at 7:26 PM

Lol of course Consti if you knew nothing of Reagan’s accomplishments who then? Wasn’t 8 years between Reagan’s conversion and his full throated support of Dems was 19

LeeBelieu on January 19, 2016 at 7:32 PM

POLITICAL HAY
WHEN RONALD REAGAN HAD LIBERAL VALUES
As with Trump, a lot changed in seventeen years.

By Jeffrey Lord – 1.19.16SmallerLargerPrint
You AP and our Pharisee trucons would slam Reagan in a New York minute

LeeBelieu on January 19, 2016 at 7:43 PM

Lol of course Consti if you knew nothing of Reagan’s accomplishments who then? Wasn’t 8 years between Reagan’s conversion and his full throated support of Dems was 19

LeeBelieu on January 19, 2016 at 7:32 PM

I said that I would pick Cruz over the Accomplished Reagan, why on Earth would taking away Reagain’s accomplishments make him a better choice? Sounds like Trump Supporter logic to me, which is irrational and illogical.

Constitutionalist on January 19, 2016 at 7:45 PM

POLITICAL HAY
WHEN RONALD REAGAN HAD LIBERAL VALUES
As with Trump, a lot changed in seventeen years.

By Jeffrey Lord – 1.19.16SmallerLargerPrint
You AP and our Pharisee trucons would slam Reagan in a New York minute

LeeBelieu on January 19, 2016 at 7:43 PM

Trump changed colors on most positions about 4 years ago, and still maintained many of them all the way up to last year.
He was still for amnesty in 2014.

Constitutionalist on January 19, 2016 at 7:47 PM

Funny stuff so the President who moved us right despite being a heretic is worse than the nominee who lost an election and tarred the right. I’m the cultist lol

LeeBelieu on January 19, 2016 at 8:01 PM

Who was a Canadian citizen until 2014 Trump or Cruz? Love that Constitution at times when convenient huh? A stupid trailer trash Dixie man got a CRBA no problem but the genius Cruz couldn’t settle his status? Weird howler monkeys stumped guide us Con man please

LeeBelieu on January 19, 2016 at 8:08 PM

The democrats would sell Slavery today as a ‘free’ jobs program with ‘free’ housing, ‘free’ food, and ‘free’ health care.

cntrlfrk on January 19, 2016 at 6:29 PM

I have no doubt they would win in a landslide if tried this tactic.

smokeyblonde on January 19, 2016 at 8:18 PM

Oh, that’s been gone for about 8 years now.

stenwin77 on January 19, 2016 at 8:19 PM

What will the left do when the working people throw up their hands and quit work because of the high taxes? It won’t be just one tax increase.

docflash on January 19, 2016 at 7:01 PM

Very nearly there now … just waiting to see how taxes end up this year. If my taxes are >50% again, I’m done.

smokeyblonde on January 19, 2016 at 8:20 PM

20 trillion wouldn’t even begin to cover the bill… Especially when you add in anyone in the planet who can stagger over our borders would immediately get all the same free goodies… Free healthcare, college, etc etc without any expectation or hope that they would ever contribute a penny… Ever!

Caseoftheblues on January 19, 2016 at 8:37 PM

They are promises of the moon without enough fuel to even make it into orbit.

Sanders knows his proposals are bullshit. He’s counting on a Republican House and Senate that he can blame.

And the asses dumb enough to vote for Sanders are also dumb enough to believe his excuses for his plans falling though.

GarandFan on January 19, 2016 at 9:35 PM

Don’t kid yourself. Wapo takes no issue with $20T in new taxes. They only take issue with someone not named Hillary as next POTUS.

Carnac on January 19, 2016 at 9:40 PM

good one, cntrlfrk.

The democrats would sell Slavery today as a ‘free’ jobs program with ‘free’ housing, ‘free’ food, and ‘free’ health care.

Lord Whorfin on January 19, 2016 at 11:54 PM

The democrats would sell Slavery today as a ‘free’ jobs program with ‘free’ housing, ‘free’ food, and ‘free’ health care.

cntrlfrk on January 19, 2016 at 6:29 PM

They already did, starting in the 30s(?), exploding it in the 60s, and continuing to sell it to this day, exactly as you described.

GrumpyOldFart on January 20, 2016 at 11:42 AM

vnvet on January 19, 2016 at 6:45 PM

Kasich? Did I miss a sarc tag somewhere? How much is his medicaid expansion over budget?

Zomcon JEM on January 20, 2016 at 12:11 PM