In the run-up to tonight’s first debate among the 2020 Democratic candidates, many have noted the outbreak of what is being called the “bidding war.” In this war, the “bids” consist of proposals for new government spending, handout and giveaway programs. Among both the candidates and those covering the process, the assumption appears to be that the game will be won by the candidate who bids the biggest collection of the most expensive and extravagant such new programs. With time running out to get bids on the table before the debates begin, the last few weeks have seen a blizzard of new and ever-more-expensive proposals for buying the votes of the electorate. After all, when you get hit at one of these debates with a question about some human problem, you certainly don’t want to be caught without having already proposed a program or handout to “solve” that particular problem.
Meanwhile, don’t worry, none of these moderators will bother to ask you how you plan to pay for your various proposals. Obviously, we all know that payment can come from the infinite pile of free government loot. In the off chance that somebody tries to press you, you can always refer to your plan for a new “billionaire’s tax.” No details required.
A funny thing about this process is how piecemeal it is. One day one candidate comes out with a proposal for Medicare for All, and another day another candidate comes out with a proposal for a universal childcare system, and on yet another day another candidate comes out with a proposal for a renters’ tax credit. Can anybody give us a complete list of all the proposed new programs? How else are we ever going to get an idea of what kind of country these people intend to leave us with when all their programs get enacted?
Well, I’m sorry to be the one to tell you, but I don’t think it’s possible. . . .Read More