The Cost of Elizabeth Warren’s Big Ideas

Sen Elizabeth Warren, D-Mass has seen better days where it comes to being a national political figure.

She is trying to recover from several missteps by laying out an impressive policy agenda which has turned out to be epically costly.

The time was that Warren was the great left hope for people who found Bernie Sanders too old and too curmudgeonly.

Leftists yearned to see her fulfill the lost promise of Hillary Clinton and become the first female president of the United States.

A couple of things happened on the way to destiny.

First, the Fauxahontas imbroglio blew up in the senator’s face.

Warren had claimed to be part native American mostly out of what she claimed was family tradition and physical characteristics such as “high cheekbones.”

She even wrangled an affirmative action slot on the Harvard faculty based on the claim.

Finally, to respond to the hoots of derision her claim had earned, Senator Warren took a DNA test.

The test reported that Warren was 1/1024th Cherokee.

After a brief and rather pathetic attempt to claim vindication, which caused a greater outcry, including from the leaders of the Cherokee nation which denied she was one of them, Warren had to conceded that she was not, in fact, a Native American by law.

The second mistake Sen. Warren made was her introduction video when she attempted to seem relatable by drinking a beer for the camera and offering one for her husband, who declined.

Warren always strikes one as a chardonnay type of gal.

The idea that she likes to pop off a cold one was cringe worthy to say the least.

Sen. Warren also suffers from the fact that she is not the only woman in the race any longer.

If anyone had to choose the potential first woman president of the United States, it would be Sen. Kamala Harris, D-California, who has the added advantage of being an ethnic minority.

In any case, Warren has shifted tactics from the personal to policy, rolling out a laundry list of proposes.

The Warren agenda tends to be the liberal oldy but goody, Medicare for all, the Green New Deal, free college, and so on.

She has met with enough success that she is now third nationally, behind Biden and Bernie Sanders, at a dizzying eight percent on the Real Clear Politics average.

The Washington Free Beacon has chosen to throw a monkey in the wrench, to quote Bruce Willis, by tallying the cost of Warren’s proposals.

“Along with backing the Green New Deal ($94 trillion) and Medicare for All ($32.6 trillion), which total $126.6 trillion in estimated government spending over the next decade according to various studies, three of Warren’s major proposals alone cost $2.365 trillion: opioids ($100 billion), canceling student debt and offering free public college ($1.25 to $1.565 trillion), and universal child care ($700 billion).”

These figures are over ten years, but still amount to more money than taxes on the rich could ever raise.

Warren has stumbled into the big problem with enacting a socialist agenda.

All that free stuff and all of that remaking American society costs too much.

Both Bernie Sanders’ Vermont and California contemplated enacting a statewide Medicare for all scheme, only to back track after discovering how much it would cost.

Instituting a form of single payer, government run health care in the Golden State would cost $400 billion a year, double California’s annual budget.

The scheme would have repurposed $200 billion of federal, state and local spending and would have raised the rest as taxes.

No administration would allow a state government to seize control of federal health care dollars.

And roughly doubling the tax burden, already high for Californians, was too dear even for the left-wing state legislature.

Single payer healthcare is popular with many Americans as an abstract idea.

The numbers collapse when Americans are asked to pay for it.

Free stuff must be really free, not just paid for with confiscatory taxes.

The problem with Elizabeth Warren’s campaign promises is that someone must pay for them, which Americans are ill-disposed to do.

The exception is the Green New Deal.

It is both expensive and horrible, ending things that people have grown accustomed to like air travel, private cars, and steaks and milk.

In any case, as the late, great Margaret Thatcher might have said, the problem with Elizabeth Warren’s promises is that sooner rather than later she would run out of other people’s money.

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