Say no to Democratic Socialism’s enormous price tag

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On August 9, Alexandria Ocasio-Cortez, the Democratic socialist candidate for New York's 14th Congressional District, declined a challenge to debate conservative commentator Ben Shapiro. After comparing this challenge to catcalling on Twitter, it is clear that Ocasio-Cortez is scared of a debate against a difficult opponent. She also likely understands that her Democratic socialist platform would be exposed for its ideological flaws and harmful consequences.

Those who see the new progressive movement as inspiring highlight its agenda based on greater economic equality, while others fear that its reforms will dramatically and detrimentally expand the role of government. However, the one thing we know for sure is that Democratic socialism is expensive—and Americans should reject this pricy platform.

Candidates like Ocasio-Cortez and Sanders propose expensive policies like a federal jobs guarantee, single-payer health care, and "free" public college. Unsurprisingly, this will require astronomical increases in government spending that will add to the out-of-control federal debt that has already exceeded $21 trillion.

Brian Riedl, a policy researcher at the conservative-leaning Manhattan Institute, estimates that Sanders' and Ocasio-Cortez's proposals would generate $42.5 trillion in additional federal expenditures over the next decade. The long-term fiscal outlook under this agenda is even more frightening––Riedl found that these proposals will cost $218 trillion over 30 years.

In order to broaden the appeal of his work, Riedl used exclusively liberal think tanks and non-partisan sources for his analysis including the Tax Policy Center, the Urban Institute, and the Center for Budget Policy and Priorities. These numbers are coming from the left, so some of them, including the cost for the jobs guarantee, are even considered to be low, modest estimates.

So how does all of this get paid for? Democratic socialists like to run down a list of new taxes they support, supposedly aimed at the wealthy and large corporations. Some proposals include carbon taxes, a higher corporate tax rate, health care premium taxes, and increased payroll taxes. Ocasio-Cortez also proposes a "Buffet tax" that requires high earning individuals to pay a minimum of 15 percent of their income. Riedel's Vox article calculated that, under very generous fiscal and economic assumptions, Democratic socialist proposals would cut $8.5 trillion of spending in areas such as defense and state spending on health care, leaving the federal government on the hook for the remaining $34 trillion.

This would require a near doubling of federal tax revenues. To put that in perspective, the federal government would need to tax all corporate profits, as well as household income and pass-through business income (income from a business that is taxed at the individual owner's level as opposed to the corporate level) above the thresholds of $90,000 ($150,000 for married couples) at a 100 percent rate to make up this revenue gap.

Simply put, taxpayers cannot afford these unsustainable and disadvantageous reforms. Large-scale entitlement programs like Social Security and Medicare are already rapidly rolling off a fiscal cliff, with their trust funds on pace to be depleted by 2026 and 2034 respectively. Further expanding federal entitlement programs would clearly be much costlier than more plausible reforms like tax cuts, and no cut in defense spending will be sufficient to make up for Democratic socialism's obscene cost burden.

It's troubling to witness socialist and redistributionist policies gaining popularity in America, especially when history and current events both show the threat they pose to a stable and prosperous democracy.

Though utilizing more government intervention than Democratic socialism, the Soviet Union and Venezuela's centrally planned economic systems both eventually led to humanitarian crises that caused a shortage of fundamental goods and services, mass starvation, severe restriction of basic liberties like freedom of speech and worship, and massive death tolls. It is estimated today that the Soviet Union's communist regime under Joseph Stalin murdered as many as 20 to 60 million people. In Venezuela, hundreds are dying from malnutrition and violence imposed by the government to dismantle protests.

Even more moderate proposals such as Canada's latest failure with universal basic income (UBI)––unconditional, periodic government cash payments––show the problems with government expansion. After only 15 months, Ontario ended its C$150 million UBI program that was supposed to last three years, after they realized that it was expensive and financially unsustainable. Finland's UBI experiment will also end in failure after this year as its government concluded that the program would not be an efficient reform of the welfare system.

It's clear that redistributionist policies will not save our country from fiscal destruction. To save American taxpayers from extreme economic burdens, Democratic socialism's recent insurgency into our political system must be rejected.

Mitchell Siegel is an intern at the Foundation for Government Accountability. He is rising junior studying economics at Duke University.

Shortly after appearing on "The Glenn Beck Radio Program" last Thursday, Los Angeles-based emergency medicine specialist Dr. Simone Gold got a call saying she was fired for speaking out about the efficacy of hydroxychloroquine in a now-banned viral video.

Dr. Gold returned to the radio program Monday to detail exactly what happened, the reason the hospitals gave for her firing, and how they threatened to fire her colleagues as well if she "didn't go quietly."

"Most emergency physicians work at more than one [hospital], as I do, and I've actually been fired from both," she told Glenn. "They told me that I appeared in an embarrassing video, and therefore, I would no longer be welcome to work there ... then they said, if I didn't go quietly and I made a fuss, they would have all the doctors in the group, you know, they'd have to go and they'll get a whole new doctor group."

Dr. Gold said she does not regret speaking out about hydroxychloroquine during the controversial "White Coat Summit" news conference held in Washington, D.C., last week. A video of the news conference quickly went viral on social media before being removed by Facebook, Twitter, YouTube, and others for allegedly making false claims related to COVID-19.

"Bring it on," she said. "I want to continue to live in America. I want my children to continue to live in America. I don't want them to grow up in a place like China. When you get to a point where, not only can I not speak as a scientist, as a doctor, for what I know to be absolutely true, but you then want to cancel me and my colleagues, this is not okay. I would much rather fight than not fight ... and I want everybody to know that there are literally millions and millions of Americans who are on our side. Millions. I believe it's the majority."

Glenn then asked Dr. Gold to weigh in on the Centers for Disease Control and Prevention's new guidelines encouraging schools to reopen in the fall and the left's relentless drive to keep them closed.

"There's no actual scientific debate whatsoever if schools should open. None. There's no scientific debate. There's no serious person who thinks schools shouldn't open. Now, [through] some governors and policy makers, there's pressure being brought to bear on school districts, but there's no actual scientific debate. So it's going to come down to parents pressuring their local school districts to act in a responsible fashion."

Watch the video below to catch more of the conversation:


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Fox News host Greg Gutfeld joined Glenn on "The Glenn Beck Podcast" this week to talk about his new book, "The Plus: Self-Help for People Who Hate Self-Help."

Greg admits he is probably the last person who should write a self-help book. Nevertheless, he offers his offbeat advice on how to save America during what has become one of the most tumultuous times in history, as well as drinking while tweeting (spoiler: don't do it).

He also shares his "evolution" on President Donald Trump, his prediction for the election, and what it means to be an agnostic-atheist.

In this clip, Greg shares what he calls his "first great epiphany" on how dangerous cancel culture has become.

"I believe that cancel culture is the first successful work-around of the First Amendment," he said. "Because freedom of speech doesn't protect me from my career being ruined, my livelihood being destroyed, or me getting so depressed I commit suicide. Cancel culture is the first successful work-around of freedom of speech. It can oppress your speech with the scepter of destruction. We don't have freedom of speech anymore."

Watch the video clip below or find the full Glenn Beck Podcast with Greg Gutfeld here.

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Dr. Simone Gold joined Glenn Beck on the radio program Thursday to set the record straight about hydroxychloroquine -- what it is, how it works, and the real reason for all the current controversy surrounding a centuries-old medication.

Dr. Gold is a board certified emergency physician. She graduated from Chicago Medical School before attending Stanford University Law School. She completed her residency in emergency medicine at Stony Brook University Hospital in New York, and worked in Washington D.C. for the Surgeon General, as well for the chairman of the Committee on Labor and Human Resources. She works as an emergency physician on the front lines, whether or not there is a pandemic, and her clinical work serves all Americans from urban inner city to suburban and the Native American population. Her legal practice focuses on policy issues relating to law and medicine.

She is also the founder of America's frontline doctors, a group of doctors who have been under attack this week for speaking out about hydroxychloroquine during a news conference held outside the U.S. Supreme Court in Washington D.C.

On the program, Dr. Gold emphasized that the controversy over hydroxychloroquine is a "complete myth."

"Hydroxychloroquine is an analogue or a derivative of quinine, which is found in tree bark. It's the most noncontroversial of medications that there is," she explained.

"It's been around for centuries and it's been FDA-approved in the modern version, called hydroxychloroquine, for 65 years. In all of that time, [doctors] used it for breast-feeding women, pregnant women, elderly, children, and immune compromised. The typical use is for years or even decades because we give it mostly to RA, rheumatoid arthritis patients and lupus patients who need to be on it, essentially, all of their life. So, we have extensive experience with it ... it's one of the most commonly used medications throughout the world."

Dr. Gold told Glenn she was surprised when the media suddenly "vomited all over hydroxychloroquine", but initially chalked it up to the left's predictable hatred for anything President Donald Trump endorses. However, when the media gave the drug Remdesivir glowing reviews, despite disappointing clinical trial results, she decided to do some research.

"[Remdesivir] certainly wasn't a fabulous drug, but the media coverage was all about how fabulous it was. At that moment, I thought that was really weird. Because it's one thing to hate hydroxychloroquine because the president [endorsed] it. But it's another thing to give a free pass to another medicine that doesn't seem that great. I thought that was really weird, so I started looking into it. And let me tell you, what I discovered was absolutely shocking," she said.

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According to the mainstream media's COVID-19 narrative, the president is "ignoring" the crisis.

On tonight's "Glenn TV" special, Glenn Beck exposes the media's last four months of political theater that has helped shape America's confusion and fear over coronavirus. And now, with a new school year looming on the horizon, the ongoing hysteria has enormous ramifications for our children, but the media is working overtime to paint the Trump administration as anti-science Neanderthals who want to send children and teachers off to die by reopening schools.

Glenn fights back with the facts and interviews the medical doctor Big Tech fears the most. Dr. Simone Gold, founder of America's Frontline Doctors, stands up to the media's smear campaign and explains why she could no longer stay silent in her fight against coronavirus fear.

Watch a preview below:


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