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Elizabeth Warren, one of the – what is it now, 211 candidates for president? – seems intent on proving that having been a Harvard law professor is no bar to fatuous policy prescriptions. She has endorsed the farrago of foolishness called the Green New Deal, promises to tax the rich “make the economy work for us,” and recently proposed a shiny new policy idea fresh from 1971 – government-funded, universal pre-school.
Decade after decade, this old chestnut is trotted out as a pro-family, pro-middle class reform, and every time, assumptions about government’s competence to perform this task are blithely assumed.
Any sentence that begins “In the wealthiest country on Earth . . .” is bound to introduce a massive government program of some sort and Warren is no exception. She urges that “affordable and high-quality child care and early education should be a right, not a privilege reserved for the rich.” Sounds expensive. Who will pay? Warren proposes to tax the wealth of “ultra-millionaires — those with a net worth of more than $50 million. ”