Tag Archives: Elizabeth Warren

Jerry Bowyer: Getting Serious About the Economy

Senator Elizabeth Warren, Democrat candidate for president, recently warned that the U.S. economy might collapse in the near term.

I’ve recently completed extensive research identifying the conditions that tend to lead to financial collapses—what I call catastrophic losses. It turns out the kinds of environments which tend to lead to them are sudden shifts of policy in an anti-business direction and a weakening of property rights. Excessive taxation and excessive spending are also part of a toxic mix. In other words: Exactly the kind of hard-left turns which are associated with much of the Democratic field.

High taxes, big spending, expansion of government all severely raise the risk of collapse. The U.S. economy is resilient, but it’s not immune to collapse.

We should get serious about spending control and growth promotion because it can happen to us.

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Lanhee Chen: 2020: A Contest Between Socialism and Capitalism

Twenty of the Democrats vying to be our next President finished two nights of debates, where it became very clear that the energy of the party was behind policies that would push America to the far left—making the Democrats of the past look like conservatives.

Several leading Democrats—including Kamala Harris, Elizabeth Warren and Bernie Sanders—endorsed single-payer health care plans that would kick over 160 million Americans off the private health coverage they currently have and enjoy. Still others, like Julian Castro and Cory Booker, called for decriminalizing the act of crossing the U.S. border without authorization. And Warren led the charge for a multi-trillion dollar plan to forgive student debt.

Meanwhile, President Trump is gleefully waiting—essentially unopposed—to run against one of these Democrats next year. He’ll make the election a contest between socialism and capitalism. And I have a pretty good idea of which side of that argument will emerge victorious.

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Lanhee Chen: There Is No Such Thing as “Free Health Care”

Massachusetts Senator and Democratic presidential candidate Elizabeth Warren has now lost whatever slim chance she had of becoming President. In the first debate between Democratic Party presidential candidates, Warren endorsed the idea of taking away private health insurance from every American who has it, and replacing it with a socialist-style, one-size-fits-all government-run health plan.

Warren will sell her plan for a government takeover of the U.S. health care system as giving more Americans “free health care,” but we all know there’s no such thing. Her ideas would not only be incredibly disruptive to hundreds of millions of Americans, but it could also limit access to doctors and care, slow medical innovation and raise taxes significantly for many across the country.

We shouldn’t be surprised that Elizabeth Warren is embracing socialist-style policies. It’s all part of the leftward lurch of Democrats seeking the presidency. The only question is who will choose to join her next.

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Lanhee Chen: What We’re Learning From the Slate of Democratic Presidential Candidates

The 2020 Democratic presidential field continues to take shape, and what’s been more revealing are the people who have decided not to run, as opposed to those who have.

Mike Bloomberg, the former Mayor of New York City, would have been a formidable candidate with his wealth and moderate positions on economic issues.  He’s not running.

Sherrod Brown, a US Senator from c, would have brought a liberal pragmatic voice to the primary campaign.  He’s not running either.

Those who are left are either extreme liberals like Beto, Elizabeth Warren or Bernie Sanders, or previously moderate Democrats like former Colorado Governor John Hickenlooper who now struggled to even admit that he’s a capitalist.

With Medicare-for-all and the Green New Deal dominating the policy discussion amongst the contenders, we shouldn’t be surprised that centrist Americans have been squeezed out of the Democratic Party.

And that’s a trend that works in President Trump’s favor as he seeks re-election in 2020.

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Lanhee Chen: The Green New Deal Presents Americans With a Choice

Some in the mainstream media have tried to marginalize the Green New Deal, characterizing it as only relevant to a few politicians on the far left.

The reality is very different.  The Green New Deal has become the policy manifesto for many prominent Democrats—including most of the leading candidates for president in 2020.

Cory Booker, Elizabeth Warren and Kamala Harris have all embraced the Green New Deal as their own because they’re politicians, they understand they cannot secure the presidential nomination for the Democrats if they don’t court and cater to the progressive left.

But, in so doing, they’ve handed President Trump a big gift. He’ll be able to frame the upcoming election as a fundamental choice between historic American free enterprise and policies that verge toward centralized decision-making, more government control, and, yes, socialism.

That’s an easy choice for the American people to make.

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Lanhee Chen: Seeing the Similarities in the Early Entries for 2020 Presidential Contest

There are a whole lot of Democrats running for the presidency in 2020.  If names like Elizabeth Warren, Kamala Harris, Kirsten Gillibrand, and Joaquin Castro aren’t household names today, they certainly will over the next year or so.

While these candidates will try to sound different from one another, here’s what we know. They actually have a whole lot in common.

Each of them is in favor of higher taxes. Each is in favor of some form of single-payer health care. Each wants to impose more government regulation and red tape on small businesses. And each would appoint liberal judges to the federal courts.

These are not policies that will promote American prosperity and improve our lives. So even as they try to differentiate themselves from one another, know that it’s their similarities that are worth paying attention to.

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Michael Medved: The Left’s International Collapse

Opioid

If Theresa May wins her expected victory in June’s British elections it will represent the latest evidence of a sweeping international trend: the utter collapse of the old left.

Britain’s Labour Party dominated the United Kingdom for 13 years under Tony Blair and Gordon Brown, but with radical leader Jeremy Corbin, it’s struggled for traction and relevance. The same thing happened in France, where the candidate of the long-dominant Socialists finished a dismal 5th in recent elections.

In Germany, center right Chancellor Angela Merkel has already ruled for 12 years and is heavily favored to capture another term in September. And in Israel, the leftist Labor Party that held power for the nation’s first 29 years, now commands only 16 percent of their Parliament; Prime Minister Bibi Netanyahu faces more formidable competition from fellow leaders on the right.

In America, as Bernie Sanders, Elizabeth Warren and other hard-liners drag Democrats leftward, the nation’s oldest political party faces much the same fate.

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