Bernie Sanders’ bad ideas – Latest News
When Bernie Sanders has a bad coverage to sell, he involves California.
In 2017, the socialist firebrand, recent from his defeat within the Democratic presidential main the yr earlier than, rallied nurses for “Medicare for All” at a giant demonstration in San Francisco.
Never thoughts that Sanders’ home state of Vermont deserted its own model of “Medicare for All.” In 2011, when Vermont launched its single-payer system, referred to as “Green Mountain Care,” it had robust political help from the state’s elected officers, together with Sanders.
When Bernie Sanders has a bad coverage to sell, he involves California. For CA Post
What it didn’t have was money — or public help for the huge tax will increase that will have been essential to fund socialized medication, even in a small state like Vermont.
Things weren’t a lot completely different for California, essentially the most populous and wealthiest state within the Union. In 2024, Gov. Gavin Newsom expanded Medi-Cal, the state’s Medicaid program, to a whole lot of hundreds of unlawful immigrants. This was a type of “Medicare for All.”
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Within a yr, the additional value was not solely an excessive amount of to take care of, but additionally threatened to deliver down your complete Medi-Cal system. Newsom canceled new enrollments for unlawful immigrants in May final yr.
Now Bernie Sanders has returned to help a poll measure to create a “billionaire tax,” by way of which California would seize 5% of the wealth of its richest residents.
Already, many of them have began to flee the state — together with, most not too long ago, Steven Spielberg. He says he left for high-tax New York for household causes, not financial ones. But different billionaires are making no secret of their need to keep away from communist-style expropriation.
Now Bernie Sanders has returned to help a poll measure to create a “billionaire tax,” by way of which California would seize 5% of the wealth of its richest residents. For CA Post
Simply by speaking about a “billionaire tax,” California has already misplaced an estimated $1 trillion in wealth. That, in flip, reduces the income that a wealth tax would usher in, if it had been enacted.
So Sanders and the unions which can be pushing for the “billionaire tax” have already made the state poorer. That means much less money for the health companies they are saying they wish to fund.
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Socialism has failed each time it has been tried. Socialist insurance policies are luxurious items: You can imagine in them solely in case you are rich enough to keep away from them, just like the fleeing billionaires — many of whom funded “progressive” politics in California till it got here in search of them.
So Sanders and the unions which can be pushing for the “billionaire tax” have already made the state poorer. That means much less money for the health companies they are saying they wish to fund. For CA Post
Sanders, too, will depart California — and retreat to at least one of his three properties, maybe his trip home on Lake Champlain. He used to rail in opposition to “millionaires and billionaires,” till he grew to become a multimillionaire himself. Now the millionaires are off the hook, it appears.
But the fact is that California won’t ever stop with billionaires. Once the state can confiscate the wealth of billionaires, it’s going to use the identical energy to confiscate the wealth of millionaires, after which middle- and working-class Californians.
That’s not a “slippery slope” argument; it’s an remark about how socialism has at all times operated, in every single place it has been tried.
Look at New York City’s Zohran Mamdani, threatening property tax hikes that can finally be handed on to renters, after operating on “affordability.”
Bernie Sanders endorsed him, too.
