2020 Dems promise free cash in latest socialist push


>>Katie: IT’S NOT JUST FREE COLLEGE AND FREE HEALTH CARE, DEMOCRATS ARE PROMISING VOTERS FREE CASH. THEY WANT TO GIVE FEDERALLY FUNDED SAVINGS ACCOUNTS TO EVERY CHILD WHEN THEY ARE BORN. THEY ARE PROMISING $1,000 PER MONTH. IT TURNS OUT, THESE POLICIES DON’T WORK AS PROMISED. SURPRISE. FOR EXAMPLE, NEW YORK CITY BUSINESSES ARE STRUGGLING AFTER HIKING THE MINIMUM WAGE TO $15 AN HOUR. THE GREAT ECONOMIST SAID THAT IF THE GOVERNMENT WAS IN CHARGE, THEY WOULD EVENTUALLY RUN OUT OF SAND. THEY THINK THERE’S MONEY FOR EVERYONE AND THAT WE ARE GOING TO PAY FOR IT. WHAT DO YOU THINK ABOUT THEIR GREATEST CASH PUSH?>>Greg: THE GREAT THING ABOUT CAPITALISM IS THAT IT CAN ALLOW FOR A LITTLE BIT OF SOCIALISM. THE PROBLEM WITH THESE CANDIDATES RIGHT NOW IS THEY SEE THE SOCIALIST PART AS A REPLACEMENT FOR THE ENGINE OF CREATION OF WEALTH. IT’S LIKE THEY THINK YOU CAN HAVE A LIFE PRESERVER WITHOUT THE LIFEGUARD. BUT THE LIFEGUARD THROWS THE LIFE PRESERVER OUT THERE. THE THING IS, CAPITALIST WITH SOCIALISM AWESOME.>>Katie: IT WILL EVENTUALLY TAKE OVER THE ENTIRE SYSTEM, BECAUSE IT COMES A SITUATION WHERE THE GOVERNMENT PROMISES THEY ARE GOING TO GIVE YOU MORE MONEY. THAT MEANS THEY ARE TAKING MONEY FROM OTHER PEOPLE IN ORDER TO GIVE YOU THESE TAX CREDITS THAT YOU WANT. WE WANT YEAH, THEY WILL SAY THAT THEY CAN TAKE CARE OF YOU, BUT THEY ARE REALLY JUST TRYING TO TAKE CARE OF YOU. BECAUSE IF EVERYONE DEPENDS ON THE GOVERNMENT FOR EVERYTHING, A HOUSE, THEN THERE IS NO ROOM TO BREATHE. YOU HAVE TO THAN VOTE FOR THE PARTY IN POWER. THAT’S WAS GIVING YOU ALL OF YOUR LIFESTYLE AT THAT POINT. AND THEN, WHEN THE SOCIALISTS TAKE CONTROL, THEY DESTROY THEIR OPPOSITION. THAT’S WHAT SOCIALISM DOES. ONCE THEY TAKE POWER, IT CREATES A PERMANENT ROLE IN CASH. THEN THEY CAN GET RID OF THE BORDERS. THEY CAN GET RID OF CAPITALISM. THEY CAN GET RID OF RELIGION. THEY CAN GET RID OF ANY OBSTACLE. IF YOU OPPOSE SOCIALISM, THEY WILL BLOCK YOU, THEY WERE SENT TO YOU, AND THEY WILL BOYCOTT YOU. THAT’S THE THREAT. TO GREG’S POINT, A SAFETY NET. SOME OF THE GREATEST INSPIRATIONAL CREATIONS AND INNOVATIONS HAVE COME FROM PEOPLE WHO ARE MAYBE LIVING PAYCHECK TO PAYCHECK. MAYBE TOOK A RISK HERE, BECAUSE THEY WANTED TO LIFT THEMSELVES UP. THAT’S HOW ENTREPRENEURIAL SHIP WORKS. PEOPLE GO OUT THERE ON A LIMB AND MAYBE BORROW SOME MONEY OR RAISE SOME MONEY OR PUT ALL OF THEIR MONEY INTO ONE POCKET. THAT’S WHEN YOU BUILD WEALTH. AND THEN YOU HAVE SOCIALISM, YOU DON’T GET THAT.>>Katie: THE FOUNDER OF STARBUCKS GREW UP IN THE BROOKLYN HOUSING PROJECTS. DEMOCRATS WHO STILL BELIEVE IN A JUSTIFIABLE SMALL SAFETY NET FOR PEOPLE WHO NEED IT. AND THAT PEOPLE LIKE CORY BOOKER AND ELIZABETH WARREN AND SANDERS WHO REALLY WANTS TO GIVE AWAY EVERYTHING BASED ON THE POLICY THAT WE WILL TAX THE RICH.>>Donna: I THINK THAT’S AN INTERESTING PROPOSAL. I DON’T LOOK AT THESE DEBATES AND SAY, THIS IS A SOCIALIST.>>Katie: NONE OF THEM?>>Donna: NO. WHAT I SEE IS IF THE COUNTRY IS TRYING TO FIGURE OUT ONE, HOW TO MAKE SURE THAT EVERY AMERICAN GETS A HEAD START IN LIFE. TWO, HOW DO WE ENSURE THAT EVERY AMERICAN, NOT JUST THOSE WHO ARE WELL OFF, HAVE AN OPPORTUNITY TO HAVE A FAIR SHARE OF THE MIDDLE-CLASS. AND THEN, LASTLY, WHEN WE SPEND GOVERNMENT MONEY, THE DEFICIT IS NOW AT 39%. WE KNOW THAT CORPORATE TAX RECEIPTS ARE DOWN. WE KNOW A LOT ABOUT, GREG AND I WERE TALKING AND AGREEING ABOUT THE TARIFFS. HOW WE WANT TO GET INTO A BIG LARGE CONVERSATION ABOUT CHINA AND THE TARIFFS. BUT WHEN THE DEMOCRATS PROPOSE THESE IDEAS, AND ONCE UPON A TIME, REPUBLICANS USED TO PROPOSE IDEAS THAT PEOPLE THOUGHT WOULD CREATE CHANGE. NIXON CREATED THE ENVIRONMENTAL PROTECTION AGENCY. WE DON’T HAVE TIME. BUT WHEN DEMOCRATS PROPOSE THESE IDEAS, THEY ARE TRYING TO FIND WAYS TO LEVEL THE PLAYING FIELD. WHAT MAKES CERTAIN PEOPLE UNCOMFORTABLE, I HAVE SUPPORTED BILL CLINTON, WHO BROUGHT THE DEFICIT DOWN. I LISTEN TO DEMOCRATS WHO COME FORWARD WITH IDEAS. IF WE CAN PAY FOR IT.>>Katie: IT’S INTERESTING TO SEE THAT THERE ARE PRIVATE-PUBLIC PARTNERSHIPS WHEN IT COMES TO THESE PROGRAMS. THOSE ARE THINGS THAT MAYBE –>>Dana: I THINK OF THE BOTTOM LINE IS, NO ONE THINKS THAT THEY ARE GOING TO LOSE AN ELECTION BY PROMISING TO SPEND MORE MONEY. IT’S JUST A MATTER OF HOW YOU ARE GOING TO SPEND THE MONEY. SOCIAL SECURITY GOING FORWARD. THERE ARE WAYS TO DO THAT. NO ONE IS TALKING ABOUT THAT RIGHT NOW, BECAUSE JUST REMEMBER, THE MAJORITY OF PEOPLE

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