Alright folks, I'll bite. Since everyone's been harping on Elizabeth Warren's M4A proposal and insisting that the Sanders version is so much more legits and better, I thought I'd point out a couple oddities about that:
1) The official Sanders argument against Warren's plan.
The official Sanders contention against the financing propositions in Warren's M4A plan that I have seen revolves around how to pay for about $9 trillion worth of implementation. Specifically, Sanders argues for a payroll tax hike as the best means, in contrast to Warren's proposed employer tax to cover the same volume of funding. More specifically, Bernie Sanders contends that the employer tax Warren is proposing would have a "very negative impact" on job creation.
The Sanders argument here seems very disingenuous to me. It's a supply-side economics type of argument of the kind that capitalists, libertarians, and conservatives often wield against all kinds of policy ideas that might conceivably benefit workers, consumers, or just the public in general, ranging from ideas like raising the minimum wage to environmental protections: added costs to business owners will surely raise the rate of unemployment and thus be a net harm to working people. Right? Riiiiiiiiight? So you see, we just can't do anything that might inconvenience the capitalist class in any way because they'll respond by punishing their workers on a scale that will outweigh the benefits! Such is how corporate, self-serving, top-down, supply-side economics type arguments go. And that is the type of pseudo-logic that, of all people, Bernie Sanders seems to be employing here.
If the idea that taxing labor is somehow better for working people than taxing capital instead doesn't ring true to you, it's not your instincts that are faulty. You know better.
AND...
2) The alterantive Sanders transition plan.
Oh wait, he hasn't released one! In his exact words, "I don't think I have to do that right now."
Or at least he hasn't released a detailed financing and transition plan that I've heard of anyway, maybe there's been an update on that since the publication of the linked article in the above paragraph a few weeks ago...? Well if anyone has info on the Sanders transition plan, feel free to provide it because otherwise it kinda seems silly to be critiquing the one Elizabeth Warren has put forward. I mean at least she has released one. Just saying!
Last edited by Jaicee - on 20 November 2019
