How Everyone Will Pay for the Left's Agenda

Heritage Explains

Heritage Podcast Network

Education

4.7 • 847 Ratings

🗓️ 14 June 2019

⏱️ 17 minutes

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Summary

With so much talk about socialism and programs like Medicare for all, free college, and paid family leave, it's not hard to see that the left is trying to win people over by offering "free" stuff. But don't be fooled, this all comes at a big price. This week, we explain exactly how much it would cost if the left got exactly what they want. SPOILER ALERT: Simply taxing the rich isn't enough. It's the middle and lower class that will shoulder the burden. SHOW NOTES: A Progressive Roadmap for Soaking the Middle Classhttps://www.heritage.org/taxes/report/progressive-road-map-soaking-the-middle-class

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Transcript

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0:00.0	From the Heritage Foundation, I'm Tim Desher, and this is Heritage Explains.
0:36.2	We've spent significant time over the last year, talking about the dangers of socialism and how devastating it would be for America to embrace these ideas coming from the left.
0:44.6	All around the country in places like Iowa, Michigan, Ohio, and Pennsylvania, leaders on the left are touting massive government programs to solve issues
0:56.8	like health care, student loan debt, and man-made climate change.
1:02.2	They make these very moving announcements and tout government as the solution to all the problems.
1:10.1	But what does it cost?
1:13.0	And what would be the impact on our economy?
1:18.0	Maybe Senator Elizabeth Warren knows.
1:21.0	That's why I'm calling for Universal Free College
1:24.2	and the cancellation of student loan debt of up to $50,000 for 42 million Americans.
1:32.3	No, nothing there.
1:35.3	How about Senator Cory Booker?
1:37.3	It's one of the reasons why I signed on to the resolution, I co-sponsored the resolution for the Green New Deal.
1:42.3	And there's a lot of people now that are blown back on the Green New Deal.
1:45.0	They're like, oh, it's impractical, oh, it's too expensive, oh, it's all of this.
1:50.0	If we used to govern our dreams that way, we would have never gone to the moon.
1:54.0	Planet has been in peril in the past.
1:57.0	Who came forward to save Earth from the scourge of Nazi and totalitarian regimes?
2:03.6	We came forward.
2:05.2	Who came forward to save the planet from, or continents from financial ruin?
2:11.7	We came forward with the Marshall Plan.
2:14.7	Our history is standing up and saying, look, humanity is in crisis. America is going to be
	...

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