Warren’s pricey 2020 platform of Green New Deal, reparations, free childcare and more could top $100T https://www.foxnews.com/politics/elizabeth-warren-policies-100-trillion-town-hall Elizabeth Warren promoted some of her signature proposals at a town hall event Monday night -- which, all told, could cost a combined $100 trillion, according to recent estimates. Sen. Warren, D-Mass., discussed the policies -- the Green New Deal, universal child care and slavery reparations -- at a CNN town hall event in Jackson, Miss. The 2020 Democratic hopeful told the crowd that the Green New Deal represents a way forward for the country. WARREN TALKS REPARATIONS, CHILD CARE, EARLY EDUCATION DURING NEW HAMPSHIRE CAMPAIGN STOP “That’s how we build a future. And I’ll add one little piece to it and say when you take a look at the Green New Deal, understand this is about building the infrastructure for the 21st century, for a sustainable world,” Warren said. “We do these things together because you can’t start a little business and at the same time try to build the road out front of your house. ... What’s happened in America is we have cut back on those infrastructure investments. Right now, we are spending about six-tenths of one percent on our infrastructure. China, by comparison, is spending about five percent of its GDP on infrastructure.” ELIZABETH WARREN INSISTS HER CAREER WASN'T ADVANCED BECAUSE OF NATIVE AMERICAN HERITAGE CLAIM The sweeping proposal put forward by Rep. Alexandria Ocasio-Cortez, D-N.Y., could cost as much as $93 trillion, or approximately $600,000 per household, according to a January study co-authored by the former director of the nonpartisan Congressional Budget Office. The unprecedented plan doesn't come cheap, American Action Forum president Douglas Holtz-Eakin and his co-authors wrote in the study. "The Green New Deal is clearly very expensive," the study concluded. "Its further expansion of the federal government’s role in some of the most basic decisions of daily life, however, would likely have a more lasting and damaging impact than its enormous price tag." At the same time, "the breadth of its proposals makes it daunting to assess the GND (Green New Deal) using the standard tools of policy analysis," the study stated, noting that "many of the policies proposed in the GND are redundant with other aspects in it, which also complicates a precise analysis, as the interactions are difficult to predict." GREEN NEW DEAL WOULD COST UP TO $93 TRILLION, OR $600G PER HOUSEHOLD, STUDY SAYS During her town hall, Warren also voiced support for reparations and said she would back the creation of a panel “to examine slavery and discrimination in the colonies and the United States from 1619 to the present and recommend appropriate remedies.” "I believe it's time to start the national, full-blown conversation about reparations," Warren said on CNN, before adding: “ignoring the problem is not working.” According to a study published by University of Connecticut researcher Thomas Craemer, the value of slave labor from 1776 to the end of the Civil War in 1865 ranged from range from $5.9 to $14.2 trillion in 2009 dollars. Warren was asked by CNN’s Jake Tapper if she would support monetary compensation, to which she replied that she believes there are “a lot of ways” to structure potential reparations. BERNIE AND BETO RESONATING STRONGLY WITH DEMS, WARREN NOT SO MUCH: RESEARCHER Reparations would involve the federal government’s acknowledgment of the ongoing legacy of slavery and discrimination and providing payment to those affected. Policy experts say it could cost several trillion dollars. Scholars estimate that black families earn just over $57 for every $100 earned by white families, according to the Census Bureau’s Current Population Survey. The final costly proposal backed by Warren on Tuesday night was her universal child care proposal, which would reportedly cost $700 billion over 10 years. Warren discussed the plan, as well as her early education proposal, and how it would be paid for on Monday night. “We get a 2 percent tax on the 75,000 richest families in this country, we would have enough money to provide universal childcare, universal pre-k, universal pre-pre-k for every child in America and still have $2 trillion left over. Let’s make it happen.”
Like to see the math on this. I'd wager it's total BS! That's not to mention the notion... "Just why should the most successful people in the Land of the Free have their property confiscated by the government in order to pay for the wants of ne'er-do-wells to gain political favor for controlling elites"?? Faucahontas and AOC... now there's a pair of stupid cunts!!
In other words, I have no fucking clue how anything could be done but I will simply say what one base of the voters want to hear. It worked for "Build the Wall and Mexico will pay for it!"
I fully support the IDEA of making sure eveyr child has access to healthcare and is enrolled in pre-k because it will esnure that all children get the best start healthwise and educationally to become successful. A good early educational environment has untold benefits for that child to succeed in the next stages of education and will lift the entire country. Studies have shown in other countries where a smarter and better educated population of children leads to better educated adults overall - i.e. more skilled and qualified to enter the workforce at any level (blue and white collar). Lower and middle class struggles and dumbfuckedness can be ameliorated significantly if the problems are attacked early on at the 3-13 age group. Not talking socialism, just a stronger foundation of health care and education for the young age group. Means less financial support and healthcare issues for the adult population. But the proposals to pay for it is where politicians show they are truly in fantasy land....
Translation. This is how an old white woman panders to the black vote. No idea how to pay for it other than to say, there are a lot of ways to structure payments. Details Lizzy, details. It all falls apart in the details.
Get ready for bigger promises going nowhere. I’ve been telling you guys this. Democrats have to compete against a guy who promised to build a 30 foot high, 1600 mile boarder wall from sea to sea THAT MEXICO WOULD PAY FOR. The absurdity of political promises going into this election will become ridiculous.
Bullshit from the deluded right wing, again. That number was pulled out of thin air by a conservative think tank and even they disavow the number. So of course, Fox News and their drooling viewers run with it.