Political Analyst Horrified by Bernie Sanders' Spending Plan
Bernie Sanders has attracted a dedicated cadre of supporters with an anti-establishment image which has evolved little for five decades. He often brags that many Democrats have now embraced some of his legislative proposals once regarded radical. Medicare for all, a $15 minimum wage, and tuition-free public college just to name a few.
Attempting to run a second time for president, he is one of the most well-known primary candidates. Yet he appears somewhat of an outsider. He still hasn't joined the party he wants to govern, a self-described democratic socialist.
After a controversial and heated Democratic primary debate held in South Carolina, Marc Thiessen, a contributor of Fox News contended that Sen. Bernie Sanders' expense of his spending plan is being undervalued and belittled.
The renowned speechwriter of the 43rd president, Thiessen reported to "America's Newsroom" that it is incorrect by about 50 percent.
Thiessen had brought up Manhattan Institute fellow Brian Reidl's computation of the spending plan's costs. He had also said that the sum of the household wealth of each and every American citizen in 2018 was $98 trillion and that includes the value of each home and vehicle, college tuition, pension funds, retirement funds, and all other assets and possessions. Senator Sanders' spending plan totals to $97.5 trillion. A number Thiessen called "terrifying."
Sanders had encountered and endured attacks from all parties in Tuesday night's Democratic debate. He was called the self-proclaimed democratic socialist and that he was undeniably the American socialists' favorite. Several claimed that his extensive plans would probably result in an election defeat for Democrats if he makes it to the nominee's list.
Moreover, the remaining candidates for the presidency and Democratic party was worried that Sanders could be unstoppable anytime soon considering he has won in several states already.
Sanders' plans for his "incredible shrinking price tag" has been ridiculed by Mayor Pete Buttigieg as Sanders' patterns and ways have been consistently modified and that it would also cause failure in House and Senate races.
Amy Klobuchar, a lawyer and Senator from Minnesota also attacked Sanders' unparalleled spending plan.
Sanders issued a proposal on Monday night on how he would fund his plans and programs. It was said to involve a plan to take a hold of trillions from the "net worth" of the country's most affluent citizens. His proposal did not consider the chance that a person could easily move their properties and some of their possessions before his administration, and that these assets could lose their worth in a stock market drop since a person took investments away.
Thiessen stated that if Sanders becomes elected, a good percentage of the Gross Domestic Product would be consumed by all levels in the government and half of the american citizens would only end up working for the administration and that he is horrified of the thought that the people of the United States of America would willingly appoint someone who has those kinds of schemes and who, if not for Donald Trump, would have a high chance of winning the presidency.
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