If this election term has taught us anything, it is that the American people are not looking for the norm, regardless of how many Superdelegates Hillary Clinton uses to make herself look more popular than she really is. And when Donald Trump is who most believe to be the only alternative to the Democratic candidates, a man like Bernie Sanders becomes all the more appealing (I mean, if not him, it's a narcissistic fascist or a felon, so it's not surprising...). That said, Donald Trump certainly doesn't fit the establishment mold of the remaining Republican candidates, and his leads in the polls stick true to today's narrative: Americans don't want politicians who are politicians.
Republicans would have us believe Donald Trump has all the buzz, but I would beg to differ; posts about Bernie Sandersplague infect envelop fill my Facebook News Feed on
a daily basis, and while Trump often trends via his childlike
behavior, Sanders is making headlines with his policies, even if they don't scream sensibility.
You see, Sanders is a self-admitted socialist, albeit a Democratic
socialist,
and this has become quite popular in recent months.
Republicans would have us believe Donald Trump has all the buzz, but I would beg to differ; posts about Bernie Sanders
No one really knows what he means by Democratic socialism, and when asked, he spews forth some liberal ideologies the left already upholds and suddenly everyone thinks they agree with him (note the vague answer in the video above). It also helps to be promised free stuff, which makes the youth feel tingly in their no-no places, while struggling (and lazy) adults are excited to receive things they didn't earn, lightening their burden.
(Receiving
everything whilst doing nothing: the Millennial way of life. No
wonder Sanders is so popular.)
The different socialist views can get confusing, because there really isn't a lot of difference between some of them, but enough to require denomination-like separation. Democratic socialism is distinct from social democracy, which is distinct from Marxist-Leninist socialism, etc., etc. I want to focus for a moment on the two forms relevant to us in America: Democratic socialism and social democracy.
We
happen to have a good example of social democracy today, in the form
of Barack Obama. To explain it as simply as possible, social
democracy is a capitalist economy and political democracy, with
economic and social intervention, specifically a welfare state.
Democratic socialism likewise requires a Democratic political system,
but the economy revolves around the even distribution of production
(what most understand as socialism), relying heavily on middle-class
labor.
Either way, it's all socialism, so we'll just call it that.
Recently, I have seen some information coming out, regarding how Sanders is going to pay for all these goodies he promises everyone. It appears some believe Sanders will save us $18.8 trillion. Observe the following chart:
According to the chart, in ten years it is estimated Sanders' plans will save America $18.8 trillion. His health care proposal seems to make the biggest dent, costing $15 trillion but apparently saving $32 trillion by removing current plans. This seems great on the surface, but people aren't considering the fact that we will still be the ones to pay for our coverage. Sanders plans to impose a payroll tax of 6.7% on employers, and 2.2% on individual incomes. But consider that the likelihood of employers covering such costs without taking it from employees' paychecks, is highly unrealistic. Basically, employers offer health care as a package their employees pay for, and the higher the tax on the employer, the more we pay out of our paychecks to cover it.
In 2013, we spent nearly $1.3 trillion on health care, while in 2014 it doubled to $3 trillion. Sanders' plan would see the top 5% of income earners contributing about half of the estimated health care costs, but the sum from all income earners would still fall drastically short of what was spent in 2013. (If you'd like to sift through some numbers for yourself, have at it.) A single-payer system is certainly much more beneficial, I concede, but Sanders' outlook is unrealistic in terms of just how much costs will need to be cut to succeed (as much as 50% or more, a rather tall order). It is also worth noting that Berniecare will be mandatory, and not just fining you for not having coverage at the end of the year, but forcing you to have coverage and making you pay for it by increasing the amount taken from your paychecks.
As you can see in the chart above, Sanders relies on taxes to cover everything. To cover the costs of tuition, he's taxing the rich. To prevent the cutting of pension plans, he's taxing the rich. To pay for child care services, he's taxing the rich. In other words, it's not fair for those people to be rich while so many are not, so Sanders will steal their money and distribute it for the good of all. If you have ever listened to Sanders talk about the rich (he's rich, too, lest we forget), he rarely, if ever, does so without correlating their wealth with corruption. And while he's not entirely wrong, he's virtually placing every rich individual in the same circle, and punishing them for being wealthy. Tax is theft. Sanders is willing to steal from the wealthy to give to the poor. This is just as wrong as the rich taking from the poor, of which we are wise to note his exaggerations.
Understand this chart is not entirely accurate, as it is not just the rich whom Sanders is taxing; the rich are having their taxes increased, but so are most of the rest of us. The money from our paychecks will be going to those who don't work at all, and without our consent (I suppose he has the consent of his voters, but they don't speak for everyone). And while in a utopic society we would all willfully give our earnings to those in greater need, it should be our will to do so, on an individual basis, not the will of the government. He has taken choice out of the equation, and this, friends, is slavery.
Apart from raising the minimum wage to $15/hour, the thing people are most excited about is the promise of tuition-free schooling. I'd like to focus on that for a moment.
I don't think anyone would argue that college tuition is painfully high. I also don't happen to think people have considered why it is so high and what can be done to lower it. Did you know half of our tuition fees are going to pensions? Illinois State University and University of Illinois have comparable tuitions, costing about $30,000 per year. Roughly $15,000 of this goes toward pensions, pensions which should be coming from the money saved by the teachers receiving the pensions, not the tuition fees. In 2006, only 20% of college tuition went toward pensions, making pensions the driving force behind tuition increases today.
Sanders doesn't want to see these pensions go away, simply moving the burden from the middle-class to the top 0.3%, taxing them further to cover pensions not their own (unless that person is a teacher with a salary placing them in the top 0.3%). So, not only are the rich paying for pension plans that aren't theirs, but also the tuition fees of people who aren't them. Does no one understand this to be theft? Just because they have the money, it doesn't mean I want Jimmy Fatwallet (nor should it be their responsibility) to be paying for tuition that should be my responsibility to cover, especially when we can dramatically reduce these costs by eliminating the pension portion of the tuition fees.
Sanders' other popular train-wreck-of-an-idea is to raise the minimum wage to $15/hour. I actually agree with Sanders' thinking, in that the minimum wage should more resemble a living wage, but I don't believe a large jump to $15 is the answer. In my opinion, a minimum wage between $11/hour and $12/hour would account for the rate of inflation. The reality of surviving on minimum wage is no doubt grim, as a single adult without kids can reasonably cover most expenses working 40 hours a week, while adding kids to the mix makes minimum wage unstable. This is also dependent on location; different cities/counties/states have different tax rates and costs of living, and the minimum wage might go further in one state over another. Typically, states have accounted for their standard cost of living, raising their minimum wage above the federal standard, which should allow for full-time employees to cover the bare minimum of expenses.
But covering the bare minimum isn't enough, I would argue, though I don't believe minimum wage should be a thriving wage so much as a surviving wage (I use both of those terms fairly loosely, just to make my point), and here are just a few reasons why:
This is why I argue for a more considerable wage, something between $11 and $12. I believe such a wage is still reasonable for employers, yet doesn't risk further inflation (again, it meets up with the current rate of inflation).
In spite of all this, we still haven't answered the question of whether any of this can actually work. In short, yes, but that depends on your definition of "work." If by "work" you mean we can function, I suspect this can work. The hard workers will be carrying the lazy and non-workers, and those who have worked hard for the wealth they have generated will see it stolen from them and given to the undeserving, but sure, we will still function as a society...for a while. But if you mean "work" as in we will prosper, absolutely not.
Ultimately, acceptance of Sanders' ideas is the result of ignorance. They hear him talk about free stuff, and the programs he will cut in order to pay for the free stuff, but is no one going to bat an eye at the fact that taxes are still being raised in order to pay for all of this free stuff? If you haven't learned by now, we only receive things freely because someone else pays for it, and none of us are entitled to that which someone else works for. And if that's not enough, I believe whole-heartedly that socialism will destroy the will to progress and improve this nation, leaving us comfortable in a world of self-entitlement and selfishness, no matter how selfless socialism appears on the surface.
Strange. I think I read this summarization in meme a few minutes ago...
Either way, it's all socialism, so we'll just call it that.
Recently, I have seen some information coming out, regarding how Sanders is going to pay for all these goodies he promises everyone. It appears some believe Sanders will save us $18.8 trillion. Observe the following chart:
According to the chart, in ten years it is estimated Sanders' plans will save America $18.8 trillion. His health care proposal seems to make the biggest dent, costing $15 trillion but apparently saving $32 trillion by removing current plans. This seems great on the surface, but people aren't considering the fact that we will still be the ones to pay for our coverage. Sanders plans to impose a payroll tax of 6.7% on employers, and 2.2% on individual incomes. But consider that the likelihood of employers covering such costs without taking it from employees' paychecks, is highly unrealistic. Basically, employers offer health care as a package their employees pay for, and the higher the tax on the employer, the more we pay out of our paychecks to cover it.
In 2013, we spent nearly $1.3 trillion on health care, while in 2014 it doubled to $3 trillion. Sanders' plan would see the top 5% of income earners contributing about half of the estimated health care costs, but the sum from all income earners would still fall drastically short of what was spent in 2013. (If you'd like to sift through some numbers for yourself, have at it.) A single-payer system is certainly much more beneficial, I concede, but Sanders' outlook is unrealistic in terms of just how much costs will need to be cut to succeed (as much as 50% or more, a rather tall order). It is also worth noting that Berniecare will be mandatory, and not just fining you for not having coverage at the end of the year, but forcing you to have coverage and making you pay for it by increasing the amount taken from your paychecks.
As you can see in the chart above, Sanders relies on taxes to cover everything. To cover the costs of tuition, he's taxing the rich. To prevent the cutting of pension plans, he's taxing the rich. To pay for child care services, he's taxing the rich. In other words, it's not fair for those people to be rich while so many are not, so Sanders will steal their money and distribute it for the good of all. If you have ever listened to Sanders talk about the rich (he's rich, too, lest we forget), he rarely, if ever, does so without correlating their wealth with corruption. And while he's not entirely wrong, he's virtually placing every rich individual in the same circle, and punishing them for being wealthy. Tax is theft. Sanders is willing to steal from the wealthy to give to the poor. This is just as wrong as the rich taking from the poor, of which we are wise to note his exaggerations.
Understand this chart is not entirely accurate, as it is not just the rich whom Sanders is taxing; the rich are having their taxes increased, but so are most of the rest of us. The money from our paychecks will be going to those who don't work at all, and without our consent (I suppose he has the consent of his voters, but they don't speak for everyone). And while in a utopic society we would all willfully give our earnings to those in greater need, it should be our will to do so, on an individual basis, not the will of the government. He has taken choice out of the equation, and this, friends, is slavery.
Apart from raising the minimum wage to $15/hour, the thing people are most excited about is the promise of tuition-free schooling. I'd like to focus on that for a moment.
Liberals... |
Sanders doesn't want to see these pensions go away, simply moving the burden from the middle-class to the top 0.3%, taxing them further to cover pensions not their own (unless that person is a teacher with a salary placing them in the top 0.3%). So, not only are the rich paying for pension plans that aren't theirs, but also the tuition fees of people who aren't them. Does no one understand this to be theft? Just because they have the money, it doesn't mean I want Jimmy Fatwallet (nor should it be their responsibility) to be paying for tuition that should be my responsibility to cover, especially when we can dramatically reduce these costs by eliminating the pension portion of the tuition fees.
Sanders' other popular train-wreck-of-an-idea is to raise the minimum wage to $15/hour. I actually agree with Sanders' thinking, in that the minimum wage should more resemble a living wage, but I don't believe a large jump to $15 is the answer. In my opinion, a minimum wage between $11/hour and $12/hour would account for the rate of inflation. The reality of surviving on minimum wage is no doubt grim, as a single adult without kids can reasonably cover most expenses working 40 hours a week, while adding kids to the mix makes minimum wage unstable. This is also dependent on location; different cities/counties/states have different tax rates and costs of living, and the minimum wage might go further in one state over another. Typically, states have accounted for their standard cost of living, raising their minimum wage above the federal standard, which should allow for full-time employees to cover the bare minimum of expenses.
But covering the bare minimum isn't enough, I would argue, though I don't believe minimum wage should be a thriving wage so much as a surviving wage (I use both of those terms fairly loosely, just to make my point), and here are just a few reasons why:
- If someone can work at McDonald's for $15/hour, while a paramedic, who works much harder, also makes $15/hour, why would someone choose the harder job to make the same amount of money? Similarly, if the minimum wage of a fast food worker far exceeds the cost of living, that worker will likely feel less inclined to move up the ranks, let alone find another, better paying job. Can you imagine how many people would choose sitting at the front desk of a hotel for $15/hour over breaking their back in a factory for the same amount? We need people working necessary jobs, not choosing straight-out-of-high-school jobs for the rest of their lives.
- If minimum wage far exceeds the cost of living, the cost of living will inevitably increase to compensate. In the end, the minimum wage can never remain a thriving wage, because the cost of living will always make it worth less. This is why I argue for a surviving wage, one that allows people to keep up with the cost of living, without hindering the drive for self-progress. I believe a thriving wage eliminates the need for self-progress, which hinders the progress of the economy as a whole.
- Despite what some "experts" like to say to favor their agenda, employers will struggle. My former job offered no overtime, very minimal raises (typically 1%), and certainly no holiday pay. And each time the minimum wage was raised, my raises were not reflected, bringing me right back to minimum wage. Employers can't afford major wage increases without increasing the prices of their products (here's where we would see the cost of living effected). Meanwhile, in order to make up for the loss of revenue due to payroll costs, employers will be forced to trim the number of employees they have, as well as cut the hours of non-salary workers, relying on the salary workers to fill in the gaps. Therefore, the very thing created to help make people's wages go further, is the very thing that may leave them without a wage at all.
This is why I argue for a more considerable wage, something between $11 and $12. I believe such a wage is still reasonable for employers, yet doesn't risk further inflation (again, it meets up with the current rate of inflation).
In spite of all this, we still haven't answered the question of whether any of this can actually work. In short, yes, but that depends on your definition of "work." If by "work" you mean we can function, I suspect this can work. The hard workers will be carrying the lazy and non-workers, and those who have worked hard for the wealth they have generated will see it stolen from them and given to the undeserving, but sure, we will still function as a society...for a while. But if you mean "work" as in we will prosper, absolutely not.
Ultimately, acceptance of Sanders' ideas is the result of ignorance. They hear him talk about free stuff, and the programs he will cut in order to pay for the free stuff, but is no one going to bat an eye at the fact that taxes are still being raised in order to pay for all of this free stuff? If you haven't learned by now, we only receive things freely because someone else pays for it, and none of us are entitled to that which someone else works for. And if that's not enough, I believe whole-heartedly that socialism will destroy the will to progress and improve this nation, leaving us comfortable in a world of self-entitlement and selfishness, no matter how selfless socialism appears on the surface.
Strange. I think I read this summarization in meme a few minutes ago...