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The Death of America by $52-trillion Cuts!

by Eric Wright
August 24, 2022
in Opinion, Politics
The Death of America by $52-trillion Cuts!

“Pocahontas” has gone and done it. She has officially unveiled her price tag for her “Medicare-for-all” plan; placing a colorful, communist feather in her cap, and bursting her “Bolshevik balloon” and any shot of becoming the Democratic Presidential Nominee for 2020. On Thursday, Warren released her long-awaited cost for her socialist healthcare plan, which comes in at around 52-trillion dollars. Warren’s fellow Democrats have blasted her healthcare agenda before her record-breaking, bankrupting price-tag announcement. Besides her communist-colleague, Bernie Sanders, most nominees on the stage, have joined many conservatives across America so state, “It Cannot Be Afforded.”

This morning, Warren tweeted in addition to her astronomical price tag needed to fund her pandering policy of “Medicare-for-All,” she claimed that she would be able to return monies to American taxpayers:

Today, I’m releasing my plan to pay for #MedicareForAll. Here’s the headline: My plan won’t raise taxes one penny on middle-class families. In fact, we’ll return about $11 TRILLION to the American people. That’s bigger than the biggest tax cut in our history. Here’s how:

— Elizabeth Warren (@ewarren) November 1, 2019

Since her presidential-bid announcement, Warren has stated that the American middle-class will not be affected; citing no tax increases to fund her universal, government-mandated, healthcare policy. However, both politicians and pundits, across both aisles, have simply stated that it cannot be done.

So, how is Warren going to pay for her “Medicare-for-All?”

Sen. Warren has not hidden the fact that American business and those of wealth are her primary targets and will be “on-the-hook” to finance her healthcare plan. According to Warren, the “reshuffling” of existing government spending on Medicare, as well as new taxes on employers and banks, will create over $20 trillion in new government revenue. Businesses across America have warned Warren that any new payroll tax will decrease company profit and result in a decrease in employee wages.

Warren claims that she will bring in nearly one trillion dollars annually over the next ten years from her new payroll taxation plan and states that she will hold companies responsible for both the employer and employee portion of payroll taxes. Unlike her opponent Bernie Sanders, Warren continues to say that individual taxes (except for the wealthy elite) will not go up. However, many of Lizzy’s opponents have attacked her, stating that Bernie is being honest about his increase in taxes, something she is purposefully withholding from the American people. Sanders has openly said that fees will increase “for virtually everybody” but argued the system would ultimately cost less than what workers currently pay.

There you have it – Bernie Sanders states that tax increases among every person will be required to meet his financial burden of $32 trillion for his “Medicare-for-All” plan. Meanwhile, “Pocahontas,” says that her project, which is $20 trillion more, will not. Now, this seems like some fuzzy math to me; even when carrying the “1,” a project that requires $52 trillion is not only unattainable but will financially bankrupt both the banks and businesses of the United States – both of which would be the top-financiers of Warren’s plan.

Warren herself knows that this plan is not feasible – however, just like every other pandering plan to the Liberal masses, she frankly doesn’t care. It isn’t often that I agree with fuzzy-Liberal thinking. However, I do agree with the other Democratic Presidential Nominees, in that Warren is wading in a pool of mistruths; “Medicare-for-All” is not financially possible and will send both “Bob The Big Wig” and “George The Janitor” to the POOR HOUSE! So, what’s Warren’s backup plan when both businesses and banks default, close their doors or send their operations overseas by refusing to “buy into” her policy? She doesn’t have one – leaving Wall Street and Main Street on the hook, with another failed government socialist project, that leaves Americans weaker, sicker, and further away from “THE DREAM” outlined and promised by our Founding Fathers.

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You can contact Eric Wright through the Liberty Loft website or by Twitter.

 

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