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Paying for Our Socialist Utopia

 

Alexandria Ocasio-Cortez assures us it will be easy. Just like we paid for WWII…

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There are 27 comments.

  1. Thatcher

    Love it!

    • #1
    • February 9, 2019 at 2:10 pm
    • 1 like
  2. Member

    Fine job, EJ.

    • #2
    • February 9, 2019 at 2:14 pm
    • 2 likes
  3. Member

    We’ll use our solar powered bombers to defeat Germany one more time.

    • #3
    • February 9, 2019 at 2:18 pm
    • 16 likes
  4. Thatcher

    Transoceanic High Speed Rail for the win!

    • #4
    • February 9, 2019 at 2:20 pm
    • 14 likes
  5. Member

    Ads look a little like VA for all. Which is maybe a little closer to the reality?

    • #5
    • February 9, 2019 at 2:43 pm
    • 6 likes
  6. Member

    The idea that the GND could be funded in a manner similar to World War II is every bit as fantastical as the rest of that wish list. World War II was a one-off spike in Federal spending which was cut in half almost as soon as the war was over. The top tax rate was 94%, a victory tax was added which imposed an income tax on every one with a job, there were excess profit taxes, there were significant restrictions on consumer spending and a large portion of the war was financed via the purchase of bonds. This still resulted in massive deficits during the war years. The GND would not be a one-time spending spree; it would be long term ongoing level of spending at World War II levels or greater with no end in sight. No amount of taxing or borrowing would allow for adequate funding of this monstrosity.

     

     

     

    • #6
    • February 9, 2019 at 2:56 pm
    • 17 likes
  7. Member

    Well done, EJ.

    • #7
    • February 9, 2019 at 3:04 pm
    • 1 like
  8. Coolidge

    • #8
    • February 9, 2019 at 5:03 pm
    • 14 likes
  9. Thatcher

    The Progressives citing the Green New Deal as similar to what we did in WW2 do not know their history. After his reelection in 1940, FDR was gearing up for the next wave of New Deal proposals. However, when WW2 began he needed maximum production for the war effort and the cooperation of leading businessmen to achieve it. He got it, and in return shelved the new proposals and lifted many of the existing regulations he had imposed on business – the opposite of what the Green New Deal does.

     

    • #9
    • February 9, 2019 at 5:59 pm
    • 11 likes
  10. Member

    DonG (View Comment):

    She needs duct tape over her mouth in this picture and all the time

    • #10
    • February 9, 2019 at 6:36 pm
    • 1 like
  11. Member

    Throw another Socialist on the fire, children, and I will tell you all about purple unicorns and the road to serfdom.

    • #11
    • February 9, 2019 at 7:37 pm
    • 5 likes
  12. Podcaster
    EJHill Post author

    The American public bought $185.7B in War Bonds between November 30, 1942 and December 8, 1945. With inflation that’s $2.621T in today’s currency. By even the most optimistic estimates that would be enough to pay for “Medicare for All” for a single year.

    The federal government did eight loan drives in that three year period. But war was meant to end. Health care never does. It would have to be conducted in perpetuity.

    • #12
    • February 9, 2019 at 8:28 pm
    • 13 likes
  13. Member

    EJHill (View Comment):

    The American public bought $185.7B in War Bonds between November 30, 1942 and December 8, 1945. With inflation that’s $2.621T in today’s currency. By even the most optimistic estimates that would be enough to pay for “Medicare for All” for a single year.

    The federal government did eight loan drives in that three year period. But war was meant to end. Health care never does. It would have to be conducted in perpetuity.

    At least we’ll save all that money on burial expenses once everyone has free health care.

    • #13
    • February 9, 2019 at 8:32 pm
    • 6 likes
  14. Member

    Judge Mental (View Comment):
    At least we’ll save all that money on burial expenses once everyone has free health care.

    No, save all the money on healthcare by burying everyone.

    • #14
    • February 9, 2019 at 8:37 pm
    • 5 likes
  15. Member

    Arahant (View Comment):

    Judge Mental (View Comment):
    At least we’ll save all that money on burial expenses once everyone has free health care.

    No, save all the money on healthcare by burying everyone.

    Perhaps mandatory cremation could be used to replace some of that “dirty” energy that must be destroyed. Then again, maybe not because it would add to our carbon footprint, wouldn’t it?

    • #15
    • February 10, 2019 at 12:39 am
    • 2 likes
  16. Member

    tigerlily (View Comment):

    Arahant (View Comment):

    Judge Mental (View Comment):
    At least we’ll save all that money on burial expenses once everyone has free health care.

    No, save all the money on healthcare by burying everyone.

    Perhaps mandatory cremation could be used to replace some of that “dirty” energy that must be destroyed. Then again, maybe not because it would add to our carbon footprint, wouldn’t it?

    Yeah, and even if you bury them, methane leaks up to the surface. Maybe we could use Yucca Mountain for that.

    • #16
    • February 10, 2019 at 12:44 am
    • 2 likes
  17. Member

    EJHill (View Comment):

    The American public bought $185.7B in War Bonds between November 30, 1942 and December 8, 1945. With inflation that’s $2.621T in today’s currency. By even the most optimistic estimates that would be enough to pay for “Medicare for All” for a single year.

    The federal government did eight loan drives in that three year period. But war was meant to end. Health care never does. It would have to be conducted in perpetuity.

    Which is the idiocy of AOC. She truly thinks the Government just keeps printing more money without any negative effect or need to ever account for under a money supply.

    • #17
    • February 10, 2019 at 6:14 am
    • 3 likes
  18. Member

    Richard Easton (View Comment):

    We’ll use our solar powered bombers to defeat Germany one more time.

    Yes! Especially the daring NIGHTTIME bombing raids by Britain’s Royal Air Force! Oh wait…

    • #18
    • February 10, 2019 at 6:14 am
    • 3 likes
  19. Member

    • #19
    • February 10, 2019 at 6:15 am
    • 11 likes
  20. Thatcher

    If she thinks the common man doesn’t have enough money, and printing money is the answer to government shortfalls, why not just cut to the chase and print 350,000,000 $1,000,000 bills, and hand one to each citizen. There, problem solved.

     

    • #20
    • February 10, 2019 at 10:12 am
    • 10 likes
  21. Thatcher

    OCA: “Oh wait. If the guys who work at the mint are now millionaires, they’ll retire. No one will be there to operate the printing presses. We might run out of money anyway. Geez, this economics stuff is harder than I thought!”

    • #21
    • February 10, 2019 at 10:12 am
    • 7 likes
  22. Member

    Bruce Caward (View Comment):

    If she thinks the common man doesn’t have enough money, and printing money is the answer to government shortfalls, why not just cut to the chase and print 350,000,000 $1,000,000 bills, and hand one to each citizen. There, problem solved.

     

    With her face on them!!

    • #22
    • February 10, 2019 at 10:15 am
    • 5 likes
  23. Member

    Arahant (View Comment):

    Judge Mental (View Comment):
    At least we’ll save all that money on burial expenses once everyone has free health care.

    No, save all the money on healthcare by burying everyone.

    Now that’s thinking outside inside the box. 

    • #23
    • February 10, 2019 at 11:25 am
    • 5 likes
  24. Member

    Obama’s vast experience as a Community Organizer qualified him to propose the Affordable Care Act, an oxymoron if there ever was one. AOC’s experience as a bartender, hours spent absorbing the genius of her inebriated clientele, certainly qualifies her to propose solutions to America’s most perplexing problems. Can’t wait until Pocohantas and the other presidential wannabes try to outmaneuver this female prodigy. Would be funny if it were not so frightening.

    • #24
    • February 10, 2019 at 2:28 pm
    • 3 likes
  25. Member

    Frightening? Yes when the media trumpets AOC’s socialist agenda but never questions the cost of her proposals. Only thing holding her back from a presidential bid is her age. Obama in pigtails!

    • #25
    • February 10, 2019 at 2:31 pm
    • 5 likes
  26. Coolidge

    Bruce Caward (View Comment):
    If she thinks the common man doesn’t have enough money, and printing money is the answer to government shortfalls, why not just cut to the chase and print 350,000,000 $1,000,000 bills, and hand one to each citizen. There, problem solved.

    With the ensuing inflation that would probably be enough for a couple loaves of bread…

    • #26
    • February 11, 2019 at 5:49 pm
    • 3 likes
  27. Coolidge

    Bruce Caward (View Comment):

    If she thinks the common man doesn’t have enough money, and printing money is the answer to government shortfalls, why not just cut to the chase and print 350,000,000 $1,000,000 bills, and hand one to each citizen. There, problem solved.

    Please don’t tempt them!

    • #27
    • February 12, 2019 at 7:31 am
    • 1 like