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Will 'sexist' white males derail Warren?

Patrick Buchanan on

"If you want to live in France" -- where half the GDP is controlled by the regime -- says Rattner, "Warren should be your candidate."

What finally shocked anti-Warren liberals into action was her recent revelation of how she intends to pay for her "Medicare for all" plan.

Warren's plan would require at least $23 trillion more in federal spending over a decade. Other experts say the added costs could run to $32 trillion, raising the U.S. government's share of the GDP by one-half and abolishing the private health insurance plans of 156 million Americans.

"Many of America's global champions, like banks and tech giants, would be dismembered," writes Rattner, "Shale fracking would be banned, which would send oil and natural gas prices soaring and cost millions of Americans their jobs."

Beyond "Medicare for All," Warren has other plans. Universal child care and free schooling from pre-kindergarten through college and the cancelation of student loans, plus a new look at reparations for slavery.

How would President Warren pay for all her "plans"?

 

She would raise the corporate rate to 35% from 21%, and slam a 40% tax on the profits of companies that try to flee the country.

She would raise the capital gains tax, impose new estate taxes, raise Social Security taxes on folks with higher incomes, and confiscate 2% of the wealth of those with $50 million in assets and 3% of the wealth of those with $1 billion, every year.

Writes Politifact: "All told, we counted $7 trillion in new spending over a 10-year period, and that's without Medicare for All. On the flip side, Warren offered specific tax proposals that came to $4.55 trillion."

Still, Warren's socialism is not what her main rivals, all white men, are zeroing in on. They've decided to play hardball.

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