Say no to Democratic Socialism’s enormous price tag

Mario Tama/Getty Images

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.

Award-winning investigative journalist Lara Logan told Glenn Beck on the radio program Wednesday that a network of radical extremist terrorist organizations, which includes Antifa, are coordinating and escalating many of the violent riots in the wake of George Floyd's death.

Lara, who has done extensive reporting on Antifa, said it's "extraordinary" that so many Americans in the media and politics are defending the "very violent terrorist organization."

"[The media is] pretending that they care about journalism. They don't. They care about silencing, intimidating, destroying, annihilating, and getting us all to self-sensor so we don't cover any of the subjects they don't want us talking about," she said.

"For those of us who've followed [Antifa] for a while, and know what they're doing and what their agenda is, what has always been troubling is the way so many people in the media and in the political establishment have given them cover to operate," Laura added. "These are extremists. And you see a lot of parallels between extremists on the left and the right ... they pretty much operate the same way, exactly. And there's no difference between what Antifa is doing and the 'Brown Shirts' of Nazi Germany. Or the 'Black Shirts' of Mussolini."

She read the 10 points of action listed by an extremist group called the "Revolutionary Abolitionist Movement", which culminates with "Liberation begins where America dies."

Glenn recalled a prediction he made approximately 15 years ago, that "socialist, communists, radicals, anarchists, [and] Islamists would all work together ... they would all see the opportunity and work toward the same goal. And that's destruction of capitalism, and destruction of the Western world."

"A few years ago, I probably would not have agreed with you on that," Laura responded. "But I now see that you're absolutely correct."

Watch the video below to hear Lara detail evidence to expose the truth about Antifa:

Media targets Lara Logan for exposing the truth about Antifa

The media pretends to care about good journalism, but what they really care about silencing, intimidating, destroying, annihilating and getting us all to...


Use code GLENN to save $10 off one year of your subscription.

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.

The Trump-deranged media is calling the president a "coward" because he was moved to an underground bunker as riots erupted outside the White House over the weekend.

Former Secret Service agent Dan Bongino joined the "Glenn Beck Radio Program" Tuesday to set the record straight. He told Glenn that under Title 18, US Code 3056, the Secret Service has the authority to protect the president however they deem necessary, with or without his consent.

Dan explained that the severity of the White House riots, which resulted in at least 50 Secret Service agents being injured, would very likely have warranted overriding the president's preference on whether or not to take shelter.

"Shame on the media ... for painting this as some kind of situation where Trump ran like a coward," Dan said. "Which is totally false and made-up. [...] They're morons. These are imbeciles with double digit IQs who are only in this to aggravate an already-bad situation. And it's a shame, because they're really incentivizing this kind of stuff to happen."

He also made it clear that the so-called protests over the death of George Floyd were actually "very strategic" riots organized by "Antifa terrorists."

"It was not even a protest. It should have been, and could have been ... but that's not what it was. It was an insurrection. It was a riot," Dan stated.

"I can tell you, from sources of mine that were there, [who are] more than credible and unimpeachable, that the attack at the White House -- and that's what it was over a period of days -- was very organized. It was done using very strategic tactics," he added. "I want to be crystal clear, this was organized by Antifa terrorists. It's not a joke. It's not hyperbole. These were people that were committed to an insurrection that was thankfully put down."

Watch the video below for more details:

Dan Bongino: Trump is NOT a Coward Hiding in a Bunker


Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multiplatform network of voices who love America, defend the Constitution and live the American dream.

The media has been trying to discredit BlazeTV's Elijah Schaffer after he recorded a disturbing video of a man being brutally beaten and stoned almost to death by rioters Saturday evening in Dallas.

Elijah joined Glenn Beck on the radio program Monday to set the record straight.

"The very dishonest far-left media is working tirelessly at the moment to completely, not only discredit myself, but they always say, 'Elijah Schaffer who works for Glenn Beck's BlazeTV.' As if that's an insult. So I'm going to clear the air right now," he told Glenn.

"There was a group of about, I would say 150 rioters. They were not protesters. They were breaking windows. They broke into a bank. They broke into a bar. They were looting alcohol and partying on the streets while breaking glass. These were not people who were grieving over black lives," he added. "The police had lost control of the city."

Elijah went on to describe the violent scene, detailing the events leading up to the brutal beating of a man who was apparently trying to defend a local bar. Elijah posted a video of the incident on Twitter Saturday night.

*Warning: graphic content*

"Rioters with rocks and bricks and bats and weapons, 150 or more, were accosting him as he stood in front of the bar," Elijah said. "Then they started stoning him, Glenn! Medieval! Throwing rocks and bricks.... We're in America. This is 2020. We do not stone people in the United States of America!"

Watch the video below for more details:

*Warning: graphic content*

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multiplatform network of voices who love America, defend the Constitution and live the American dream.

A new Pew Research Center report shows the death toll in the United States from COVID-19 is "heavily concentrated" in Democratic congressional districts.

According to the analysis, more than half of all COVID-19 deaths in the U.S. occurred in just 44 (approximately 10 percent of) congressional districts, and 41 of those 44 hardest-hit districts are represented by Democrats, while only three are represented by Republicans.

"A new Pew Research Center analysis of data on official reports of COVID-19 deaths, collected by the John Hopkins University Center for Systems Science and Engineering, finds that, as of last week, nearly a quarter of all the deaths in the United States attributed to the coronavirus have been in just 12 congressional districts – all located in New York City and represented by Democrats in Congress. Of the more than 92,000 Americans who had died of COVID-19 as of May 20 (the date that the data in this analysis was collected), nearly 75,000 were in Democratic congressional districts," Pew reported.

Filling in for Glenn Beck on the radio program this week, Pat Gray and Stu Burguiere argued that, while the coronavirus should never have been made into a partisan issue, the study certainly makes a strong statement in favor of GOP leadership.

Watch the video below:


Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multiplatform network of voices who love America, defend the Constitution and live the American dream.